Answer :
Final answer:
The four most frequently used and dependable strategic approaches to setting a company apart from rivals, building strong customer loyalty, and winning a competitive advantage are cost leadership, differentiation, innovation, and niche strategies. Emulating competitors' strategies and focusing on innovation alone are not among these approaches.
Explanation:
The strategic approaches to setting a company apart from rivals, building strong customer loyalty, and winning a competitive advantage include cost leadership, differentiation, innovation, and niche strategies. Building strong customer loyalty is also an important strategic approach. However, emulating competitors' strategies is not among the four most frequently used and dependable strategic approaches. Focusing on innovation alone is not one of these strategic approaches either.