The most effective strategy is
A) One that most firms in the industry will follow.
B) To continuously diversify.
C) One that competitors are unwilling or unable to imitate.
D) To be the "first mover" regardless of other factors.
E) To be a follower.

Question

Quizplus · Accepted Answer

Whatever strategy managers adopt, the most effective strategy is one that competitors are unwilling or unable to imitate. If the organization's strategic plan is one that could easily be adopted by industry competitors, it may not be sufficiently distinctive or, in the long run, contribute significantly to the organization's competitiveness.

The Most Effective Strategy Is