Podcast
Questions and Answers
Which of the following best describes differentiation strategy?
Which of the following best describes differentiation strategy?
What is the main goal of differentiation strategy?
What is the main goal of differentiation strategy?
How does a customer perceive differentiation strategy?
How does a customer perceive differentiation strategy?
Study Notes
Differentiation Strategy
- A differentiation strategy is a business approach that sets a company apart from its competitors by creating a unique image, product, or service in the minds of potential customers.
- The main goal of a differentiation strategy is to create a unique selling proposition (USP) that makes a product or service more attractive to customers than those offered by competitors.
Customer Perception
- A customer perceives a differentiation strategy as a unique benefit or advantage that a company's product or service offers relative to its competitors.
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Description
Test your knowledge of differentiation strategy with this quiz! Learn about how organizations can set themselves apart from the competition by offering unique value to customers.