Examveda
Examveda

A company offers unique products that are widely valued by customers, it is likely to follow a:

A. Differentiation strategy

B. Combination strategy

C. Focus strategy

D. Cost-leadership strategy

Answer: Option A

Solution(By Examveda Team)

A company offers unique products that are widely valued by customers, it is likely to follow a differentiation strategy. Differentiation strategy, as the name suggests, is the strategy that aims to distinguish a product or service, from other similar products, offered by the competitors in the market.

This Question Belongs to Management >> Strategic Management

Join The Discussion

Related Questions on Strategic Management