One of the key factors that makes it difficult for new ventures to be successful as differentiator is

Question

Quizplus · Accepted Answer

Differentiation strategies often require significant investments in research and development, marketing, and branding. This can be especially challenging for new ventures, which typically have limited financial resources, making enacting the strategy expensive. Strategic renewal (A) can actually help differentiate a new venture by keeping it innovative and up-to-date with changing market trends. Internal development (B) can also be a way for a new venture to create unique products or services. Mergers and acquisitions (C) may not necessarily be a threat to a new venture's differentiation strategy, but they may not be feasible options due to limited resources.

One of the Key Factors That Makes It Difficult for New