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Business, 22.04.2020 01:19 obbiesco123

Home Smart Inc. is a chain of supermarkets that sells its products at higher prices than its competitors. Yet, the supermarket chain has a large customer base due to its wide product portfolio and superior customer service. Which of the following generic business strategies has Home Smart adopted in this scenario?
Differentiation
Strategic trade-offs
create higher customer perceived value than the value that competitors create.
economic value created is greater than that of its competitors.

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