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Adrian Cosino
on Oct 17, 2024

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The differentiation strategy is based on locating and taking advantage of opportunities for an organization to seek cost-based advantages in all of its activities (e.g. ,purchasing,manufacturing,distribution).

Differentiation Strategy

A business approach where a company seeks to distinguish its products or services from competitors through unique features.

Cost-Based Advantages

Competitive advantages a company gains by reducing its costs below the industry average, often leading to lower prices or higher margins.

  • Gain insight into the approaches for developing a competitive advantage, which include strategies centered on reducing costs, differentiating offerings, and concentrating on niche markets.
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RM
Renita MontgomeryOct 20, 2024
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