Most frequently used strategic approaches

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Which of the following is not one of the most frequently used strategic approaches to building a sustainable competitive advantage?

striving to be the industry’s low-cost provider, thereby aiming for a cost-based competitive advantage over rivals

creating a differentiation-based advantage over rivals

sticking with an outdated business model

developing an advantage based on offering more value for the money

focusing on a narrow market niche within an industry

Reference no: EM131432868

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