A firm that follows the differentiation strategy is protected from the threat of new entrants primarily due to its

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Billy Duffy

Business

13 June, 22:03

A firm that follows the differentiation strategy is protected from the threat of new entrants primarily due to its

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Jaelyn Dorsey · Answer 1

A firm that follows the differentiation strategy is protected from the threat of new entrants primarily due to its reputation for quality.

Differentiation strategy refers to a strategy that a company employs where it has products that are loved and approved by the customers - they take their customers' opinions into consideration, which is why the quality of their products is above their competitors' level.