Asked by Gwyneth Paulino on Apr 28, 2024
Verified
Which of the following is not one of the three underlying business strategies that appear to be essential in developing competitive advantage for a company?
A) low-cost
B) differentiation
C) network
D) focused
Competitive Advantage
The attributes that allow an organization to outperform its competitors, including cost, product quality, or unique business models.
Network
A system of interconnected computers, servers, or devices that can communicate and share resources.
- Learn the essential business tactics: reducing expenses, creating distinction, and focusing on specific segments.
Verified Answer
ZK
Zybrea KnightMay 04, 2024
Final Answer :
C
Explanation :
The three underlying business strategies that appear to be essential in developing competitive advantage are low-cost, differentiation, and focused. There is no mention of "network" as one of the essential strategies.
Learning Objectives
- Learn the essential business tactics: reducing expenses, creating distinction, and focusing on specific segments.
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