Which of these strategies is one in which a company designs its products to be perceived by buyers as unique throughout its industry?
A) Differentiation
B) Stability
C) Low-cost leadership
D) Retrenchment

Question

Quizplus · Accepted Answer

Differentiation is the strategy in which a company designs its products to stand out as unique and sets itself apart from competitors in the industry. It can be achieved by adding features, improving quality, creating a strong brand image, or offering exceptional customer service. By doing so, the company can charge higher prices and increase customer loyalty.

Which of These Strategies Is One in Which a Company