Which of the following is a competitive strategy?
A) New entries into the market
B) Innovation
C) Bargaining power
D) Substitutes

Question

Quizplus · Accepted Answer

Innovation is a competitive strategy because it allows a company to create unique and differentiated products or services that can give them a competitive advantage in the market. Options A, C, and D are not competitive strategies but rather factors that can affect a company's competitive position.

Which of the Following Is a Competitive Strategy