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Ayanle Mohamed
on Nov 06, 2024

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A company that attempts to develop an image or reputation for its product or service that sets the company apart from its competitors most likely uses a _____.

A) diversification strategy
B) differentiation strategy
C) stability strategy
D) defender strategy

Differentiation Strategy

A company that uses a differentiation strategy attempts to develop an image or reputation for its product or service that sets the company apart from its competitors.

Diversification Strategy

A business approach where a company broadens its range of products or markets to reduce risk and increase potential for growth.

  • Identify strategies used by organizations in response to different market and competitive conditions.
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Suparna ChowdhuryNov 12, 2024
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