Answered: own words, outline any three advantages…

Principles Of Marketing

17th Edition

ISBN:9780134492513

Author:Kotler, Philip, Armstrong, Gary (gary M.)

Publisher:Kotler, Philip, Armstrong, Gary (gary M.)

Chapter1: Marketing: Creating Customer Value And Engagement

Section: Chapter Questions

Problem 1.1DQ

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Q.2.2 Using your own words, outline any three advantages of a differentiation strategy
in terms of Porter’s five forces.

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Business strategy is a clear set of plans, actions, and objectives to perform a business task and activities in the market to achieve a competitive advantage. Strategies help businesses to outline the work process and methods that will use in their operation.

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