Question: What are the two basic ways that companies compete in a marketplace? Group of answer choices By targeting different customer segments and creating a mission

What are the two basic ways that companies compete in a marketplace?

Group of answer choices

By targeting different customer segments and creating a mission statement

By lowering costs and creating more value through differentiation

By mass production and focusing on a niche market

By adopting a unique business-level strategy and solving unanticipated problems

By targeting a specific demographic and offering a premium price

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