Quick responsiveness to market changes is least critical for a company
A)pursuing a focus strategy.
B)pursuing a low- cost strategy.
C)pursuing a differentiation strategy.
D)using strategic alliances to develop new technology.

Question

Quizplus · Accepted Answer

A low-cost strategy focuses on efficiency and cost reduction, which may not require as much responsiveness to market changes compared to other strategies that rely on innovation or niche markets.

Quick Responsiveness to Market Changes Is Least Critical for a Company