If your strategy is to compete on price against your competitors, your strategy is one of focused differentiation.

Question

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Competing on price is not a strategy of focused differentiation. Focused differentiation is a strategy where a company targets a specific market niche and focuses on providing unique and specialized products or services to appeal to that niche. Competing on price is often a strategy of cost leadership, where a company aims to provide products or services at the lowest cost possible to gain a competitive advantage.

If Your Strategy Is to Compete on Price Against Your