Which of the following is NOT a frequently used strategic approach to set a company apart from rivals and achieve a sustainable competitive advantage?
A) Striving to be the industry's low-cost provider
B) Outcompeting rivals on the basis of differentiating features that will appeal to a broad spectrum of buyers
C) Developing a best-cost provider strategy that gives customers more value for the money
D) Focusing on a narrow market niche and serving buyers' special needs and tastes
E) Striving to be the industry's high-price provider
Correct Answer:
Verified
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