Whatever strategic approach is adopted by a company to deliver value, it nearly always requires
A)that management undertake formal planning sessions with functional departments to ensure productivity improvement.
B)the identification of strengths and weaknesses within the company.
C)matching corporate identity with the corporate culture in order to integrate effort and build sales momentum.
D)performing value chain activities differently than rivals and building competitively valuable resources and capabilities that rivals cannot readily match.
E)constant efforts to thwart entry of new rivals and their attempts to create differentiated products with unit costs above price premium.

Question

Quizplus · Accepted Answer

The statement highlights the need for a company to perform value chain activities differently from its competitors and build valuable resources and capabilities that are difficult for rivals to imitate. This approach is known as the differentiation strategy and can create a sustainable competitive advantage for the company. The other options may be relevant in certain situations, but they are not necessarily essential for delivering value.

Whatever Strategic Approach Is Adopted by a Company to Deliver