Frequently used strategic approach to setting a company


Which of the following is not a frequently used strategic approach to setting a company apart from rivals and achieving a sustainable competitive advantage?

developing expertise and resources that give the company competitive capabilities that rivals can't easily imitate or trump with capabilities of their own

focusing on a narrow market niche and winning a competitive edge by doing a better job than rivals of satisfying the needs and tastes of buyers comprising the niche

aiming for a cost-based competitive advantage

outcompeting rivals on the basis of such differentiating features as higher quality, wider product selection, added performance, better service, or more attractive styling

simply trying to mimic the successful strategies of rivals

Request for Solution File

Ask an Expert for Answer!!
Operation Management: Frequently used strategic approach to setting a company
Reference No:- TGS02519791

Expected delivery within 24 Hours