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Strategic Management
A narrow market focus is to a differentiation based strategy as a (a) Broadly-defined target market is to a cost leadership strategy (b) Growth market is to a cost-based strategy (c) Technological innovation is to a cost-based strategy (d) Growth market is to a differentiation-based strategy Give correct option and respective explanation to above
Answers (4)
Mansha Tutlani
D -focus strategy, a business level strategy -niche /narrow market area , competitive advantage based on either differentiation or cost leadership
I want to change my answer. Revised answer is A. Cost leadership must be pursued in conjunction with differentiation. We can't compete solely on low cost, incremental changes are always required. Low cost should not compromise the quality of product
Mansha Tutlani
I want to change my answer. Revised answer is A. Cost leadership must be pursued in conjunction with differentiation. We can't compete solely on low cost, incremental changes are always required. Low cost should not compromise the quality of product
Answer was right .may I know the clear meaning of cost leadership must be pursed in conjunction with differentiation ..
Thread Starter
Lakki KamuAnswer was right .may I know the clear meaning of cost leadership must be pursed in conjunction with differentiation ..
Entry of substitutes can convert the existing cost leadership strategy into differentiation
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