A middle-class customer (target) base in a region is most concerned with quality and price of products. Which of the following would be considered a best value proposition for the customers?
A) a company that identifies unique features of its products without comparing it with a rival's products
B) a company that offers copycat products at low cost but an average quality compared to rivals
C) a company that offers the same quality of products as rivals but at a high cost based on greater market share and higher brand value
D) a company that provides same quality of products at a much lower price than rivals, but leaves the final assembly of product pieces to customers with an easy assembly guide
E) a company that sells an average quality product compared to rivals with a meager difference in price
Correct Answer:
Verified
Q48: Strategy is about competing differently than rivals;
Q51: Which of the following consumer goods companies
Q52: A regional electric scooter manufacturer sells its
Q53: Which of the following firms uses a
Q53: The difference between a company's strategy and
Q54: A computer chip manufacturing giant decides to
Q56: A winning strategy must pass which three
Q57: The customer value proposition lays out the
Q59: A search engine giant specializes in all
Q60: A company's business model
A)concerns the actions and
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents