Overdrive Motors, a manufacturer of self-driving delivery trucks, is working on developing its next-generation vehicles. It has decided on a strategy of focusing on a narrow buyer segment and outcompeting rivals by offering buyers customized vehicles at a lower cost than rivals. What basic strategic approach has Overdrive Motors decided upon?
A) focused differentiation
B) best-cost provider
C) low-cost provider
D) broad differentiation
E) focused low-cost
Correct Answer:
Verified
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Q4: A company's strategy consists of the action
Q6: Every strategy needs
A)a distinctive element that attracts
Q7: A creative and distinctive strategy that sets
Q8: A company's strategy is NOT concerned with
Q10: Strategy, at its essence, is about
A)matching rival
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Q16: A company achieves a competitive advantage when
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