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Which of the following is false regarding how a differentiation strategy can help a firm to improve its competitive position vis - - vis Porter's
Which of the following is false regarding how a differentiation strategy can help a firm to improve its competitive position visvis Porter's five forces?
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It helps a firm to deal with supplier power and reduces buyer power since buyers lack comparable alternatives.
Supplier power is increased because suppliers will be able to charge higher prices for their inputs.
By increasing a firm's margins, it avoids the need for a low cost position.
Firms will enjoy high customer loyalty, thus experiencing less threat from substitutes than its competitors.
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