Q44
A company offers unique products that are widely valued by customers, it is likely to follow a:
A.
Differentiation strategy
AnswerB.
Combination strategy
C.
Focus strategy
D.
Cost-leadership strategy
Answer: Option A
Solution
Answer: Option A
Solution:
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.