Greenfield Apparel differentiates itself from competitors by offering high$-$fashion clothing items created using fabrics and manufactured in environmentally friendly facilities. This business strategy implies that Greenfield $A_1$

Multiple Choice

decreasing the existing value gap by providing luxury goods to customers.

maintaining a less steeper learning curve as compared to its competitors.

increasing the perceived value created for customers, which allows it to charge a premium price.

lowering its costs compared to its competitors, while offering adequate value for its products.