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Which of the following describes differentiation as a method of competitive advantage?

Which of the following describes differentiation as a method of competitive advantage?

    A company that sets out to be the lowest-cost producer in the market

    A company that will seek to be unique in a way that is valued by buyers

    A company producing a standard or budget cost product

    A company producing a product that attracts a premium price charge

A.

1 and 2 only

B.

1 and 3 only

C.

2 and 3 only

D.

2 and 4 only

CIPS L4M6 Summary

  • Vendor: CIPS
  • Product: L4M6
  • Update on: Jul 30, 2025
  • Questions: 226
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