Under which condition would a differentiation strategy be especially effective?
A) When there are few ways to differentiate the product or service that buyers perceive as having value
B) When technological change is fast paced and competition revolves around rapidly evolving product features
C) When most buyers use the product in the same way
D) When many rival firms are following a similar differentiation approach
E) When the differentiation base is easy or inexpensive for rivals to duplicate

Question

Quizplus · Accepted Answer

A differentiation strategy is especially effective when technological change is fast-paced and competition revolves around rapidly evolving product features, as it allows a company to stand out by offering unique and innovative products that meet changing consumer demands.

Under Which Condition Would a Differentiation Strategy Be Especially Effective