The ______________ strategy can be profitable for an organisation because customers are loyal and willing to pay high prices.
A) focus
B) globalisation
C) overall cost leadership
D) differentiation
E) liquidation

Question

Quizplus · Accepted Answer

The differentiation strategy involves offering unique or superior value to customers, often through product quality, innovation, brand image, or customer service. Customers who are loyal to such differentiated products are willing to pay premium prices, which can result in higher profits for the organisation.

The ______________ Strategy Can Be Profitable for an Organisation Because