A pitfall to avoid in pursuing a differentiation strategy is
A) trying to differentiate on the basis of attributes or features that are easily and quickly copied.
B) choosing a product offering that supports buyers' indifference to rival brands' offerings.
C) charging a premium price for the differentiating features.
D) meeting and exceeding the meaningful gaps in quality, performance, service, and other attractive differentiating attributes offered by rivals.
E) spending on activities to differentiate the company's product to enhance profitability.
Correct Answer:
Verified
Q66: A government oil company is having trouble
Q67: What sets focused (or market niche)strategies apart
Q68: Differentiation strategies
A)strive to create value for customers.
B)offer
Q69: A focused low-cost strategy can lead to
Q70: A low-cost provider strategy can defeat a
Q72: To profitably employ a best-cost provider strategy,
Q73: The major difference between a low-cost provider
Q74: Focusing the ability can secure a competitive
Q75: A broad differentiation strategy is generally not
Q76: A firm pursuing a best-cost provider strategy
A)seeks
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