Question: The chief difference between a broad differentiation strategy and a focused differentiation strategy is the number of value drivers that a company is using to
The chief difference between a broad differentiation strategy and a focused differentiation strategy is
the number of value drivers that a company is using to achieve differentiation.
the number of attributes incorporated into the product offeringa broad differentiation strategy involves a greater number of attributes and features so as to broaden the appeal of the company's product offering to more buyer groups and thereby secure a bigger volume of sales.
the size of the buyer group or number of market segments that a company is trying to appeal to
the size of the geographic target market that a company servesthe geographic target of a broad differentiation strategy is usually national or global whereas a focused differentiation strategy is aimed at serving buyers in only a local or regional market area.
the breadth of the company's product linea broad differentiation strategy involves offering buyers a fairly wide selection to attract a broad range of buyers whereas a focused differentiation strategy entails a very limited selection.
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