While choosing an appropriate strategy to establish competitive advantage,management should choose an organizational strategy that:
A)allows the organization to practice the strategy of differentiation rather than cost leadership.
B)tries to succeed by following all strategies and trying to be all things to all people.
C)bears consistency with the organization's mission and capitalizes on its distinctive competencies.
D)empowers the organization to grow without creating new products or entering new markets.

Question

Quizplus · Accepted Answer

Choosing an organizational strategy that is consistent with the organization's mission and capitalizes on its distinctive competencies is the best approach to establish competitive advantage. This ensures that the organization's resources and capabilities are utilized effectively to differentiate its products or services from competitors, thereby creating a unique selling proposition. Following all strategies and trying to be all things to all people is unlikely to work, and cost leadership may not always be sustainable in the long run. Empowering the organization to grow without creating new products or entering new markets may limit the organization's potential for growth and expansion.

While Choosing an Appropriate Strategy to Establish Competitive Advantage,management Should