Porsche, which produces only high-performance sports cars and SUVs, uses what type of strategy to gain competitive advantage?
A)differentiation strategy
B)niche strategy
C)cost leadership strategy
D)altering the industry structure strategy

Question

Quizplus · Accepted Answer

Porsche uses a niche strategy, focusing on a specific market segment of high-performance sports cars and SUVs. This allows them to differentiate themselves from competitors and create a loyal customer base.

Porsche, Which Produces Only High-Performance Sports Cars and SUVs, Uses