Question: 1) What competitive strategy does Tesla utilize? A) Low-costprovider Striving to achieve lower overall costs than rivals on products that attract a broad spectrum of
1) What competitive strategy does Tesla utilize?
A) Low-costprovider Striving to achieve lower overall costs than rivals on products that attract a broad spectrum of buyers
B) Broad differentiation Differentiating the firms product offering from rivals with attributes that appeal to a broad spectrum of buyers
C) Focused low-costConcentrating on a narrow price-sensitive buyer segment and on costs to offer a lower-priced product
D) Focused differentiation Concentrating on a narrow buyer segment by meeting specific tastes and requirements of niche members
E) Best-costprovider Giving customers more value for the money by offering upscale product attributes at a lower cost than rivals
Please explain your answer with more than one example of why
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