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The following are generic strategies commonly implemented by firms, EXCEPT a.strive to be low-cost provider of the industry. b.formulate best-cost provider strategy that provide customers
The following are generic strategies commonly implemented by firms, EXCEPT a.strive to be low-cost provider of the industry. b.formulate best-cost provider strategy that provide customers more value for the money. c.outcompete competitors based on differentiating features that appeal to a broad spectrum of customers. d.target a narrow market niche to serve special needs of the customers. e.endeavoring to become high-price provider of the industry.
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