A differentiation strategy aimed at increasing the values customers perceive in an organization's goods and services usually succeeds best ______.Multiple choice question.in an international strategyin a vertical integration structurein a flexible structure with a culture that values innovationin a formal structure with conservative norms
Question
A differentiation strategy aimed at increasing the values customers perceive in an organization's goods and services usually succeeds best ______.Multiple choice question.in an international strategyin a vertical integration structurein a flexible structure with a culture that values innovationin a formal structure with conservative norms
Solution
The best answer is "in a flexible structure with a culture that values innovation". This is because a differentiation strategy requires an organization to be innovative and unique in its products or services, which is more likely to occur in a flexible structure that values innovation. A formal structure with conservative norms may not encourage the level of creativity and innovation needed for a successful differentiation strategy. Similarly, an international strategy or a vertical integration structure does not necessarily imply a focus on innovation or differentiation.
Similar Questions
A company that decides to pursue a differentiation strategy will:a.)target a smaller demographic or geographic market with specialized products or services.b.)follow the market leader and offer similar products with little variation.c.)add value to their products and services in order to attract customers who are willing to pay a higher price.d.)offer customers low-priced goods and services at a profit.
Multiple Choice QuestionWhen an international company customizes its product, promotion, and distribution according to cultural, technological, regional, and national differences, it is using a _____ strategy.Multiple choice question.transnationalinternationalglobalizationmultinational
Which of the following is true of the differentiation strategy?Group of answer choicesIt requires a company to be able to rapidly respond to changing customer needs.It requires a company to be the lowest cost producer in its competitive environment.It requires companies to seek higher sales volumes since they charge lower prices.It places very little emphasis on understanding what constitutes customer value.
When adopting a ______, an organization customizes products and marketing strategies to specific national conditions.Multiple Choiceniche strategymultidomestic strategyglobal strategyrelated diversification strategyfocused differentiation strategy
When firms use a ____________________ it must complete different primary value chain actions and support functions in a competitive but superior way.Select one:a.differentiation strategyb.focused differentiation strategyc.focused cost leadership strategyd.cost leadership strategy
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