Charging a higher price for superior quality or service is which strategy?
ACost leadership
BCost focus
CRetrenchment
DDifferentiation
Answer & Solution
Correct answer: D. Differentiation
Competing on attributes other than price to command a premium is differentiation.
Keep practising Strategic Choices
Browse all Strategic Choices questions for CA Inter, or explore more Strategic Management topics.
Related questions
Differentiation relies on resources that rivals find:Companies cooperating unofficially to control prices form a:Which tasks are typically outsourced?Paying for the right to use another firm's technology is:Which arrangement grants a brand name and concept to a paying operator?A horizontal strategic alliance links firms that are:Unlike a joint venture, a strategic alliance does not:Partners in a strategic alliance generally remain: