The most expensive competitive strategy to pursue is
A) differentiation.
B) cost leadership.
C) focus.
D) growth.
E) hypercompetition.

Question

Quizplus · Accepted Answer

Pursuing a differentiation strategy can be extremely expensive as it requires significant investment in research and development, marketing, and creating unique product features that set the company apart from competitors. This can result in higher production costs and potentially higher pricing for the differentiated product. Therefore, it is the most expensive competitive strategy to pursue.

The Most Expensive Competitive Strategy to Pursue Is