Question

A company pursuing the differentiation or focused differentiation strategy would tend to: Group of answer choices develop flexible systems that allow rapid response to customers' changing needs. develop and maintain cost-effective MIS operations. have relationships with suppliers to maintain efficient flow of supplies for operations. build economies of scale and efficient operations.

Answer 1

A company pursuing the differentiation or focused differentiation strategy would tend to "develop flexible systems that allow rapid response to customers' changing needs".

Option: A

Explanation:

Market differentiation or focused differentiation in economics and marketing is the method of separating a market or service from others, to make it more appealing to a particular target market. It includes differentiating it from the products of competitors, as well as the products of a company's own. An illustration of this is a lawn-care service that is expected to do weekly maintenance costs less than any other advertised price. Differentiation between products is important in today's financial environment.