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alexgriva [62]
4 years ago
10

The Platinum Platform, in Dubuque, Iowa, sells high-quality, unique bedding that is a real value to upscale homes in the area. N

o other company in its local area markets bedding of such quality and value. By offering this type of product, The Platinum Platform is utilizing a _____ strategy. Multiple Choice
A) cost-focus
B) uniquely focused
C) cost-leadership strategy
D) differentiation
e) focused-differentiation
Business
2 answers:
Marta_Voda [28]4 years ago
8 0

Answer:

By offering this type of product, The Platinum Platform is utilizing a _____ strategy.

<em>e) focused-differentiation </em>

Explanation:

Focused-differentiation is the concept to identify the strategy of a business when they focus on the satisfaction of a small niche or market. It includes a low-cost strategy to penetrate the market and provide the best option available. It is a very effective strategy to build a customer base and start growing from hat established buying source.

atroni [7]4 years ago
7 0

Answer:

C) cost-leadership strategy

Explanation:

  • The strategy of cost leadership is a business strategy that focuses on having a competitive advantage by the cost values, where the beddings are of unique quality and have a good scale, scope, and size and thus offer a good purchasing approach.
  • For example, Walmart has succeeded around the world due to low coast strategy.
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