High School

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What are three of the most reliable ways a company can:

1. Distinguish itself in the marketplace,
2. Build customer loyalty, and
3. Achieve a competitive advantage?

Answer :

Answer:

1) low-cost provider strategy

2) low-cost strategy

3) broad differentiation strategy

Explanation:

A company applies a low-cost provider strategy when it's able to sell its products at the lowest price among competitors while still making a profit. Also, by using a broad differentiation strategy a company could offer a unique variety of products that would distinguish itself in the marketplace.

A good example of a company that uses the above strategy is Microsoft.

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