Every strategy needs
A)a distinctive element that attracts customers and produces a competitive edge.
B)to include similar characteristics to rival company strategies.
C)to pursue conservative growth built on historical strengths.
D)to employ diverse and sundry operating practices for producing greater control over sales growth targets.
E)to mimic the plans of the industry's most successful companies.

Question

Quizplus · Accepted Answer

A distinctive element that attracts customers and produces a competitive edge is essential for a successful strategy. It allows a company to differentiate itself from its competitors and create a unique value proposition, which can lead to sustained success. This is crucial in highly competitive markets where customers have a wide range of options to choose from.

Every Strategy Needs