Tomorrow's leading companies will succeed by seeking out unoccupied positions in uncontested market spaces.Such strategic moves,termed ________,create powerful leaps in value for both the firm and its buyers,creating new demand for new products.
A) "strategic sweet spots"
B) "common platforms"
C) "value innovation"
D) "strategic platforms"
E) "service nichers"

Question

Quizplus · Accepted Answer

The described strategic moves are known as "value innovation" which involve finding new market spaces and creating new demand for innovative products that add value for both the firm and customers. Options A, B, D, and E do not accurately describe this concept.

Tomorrow's Leading Companies Will Succeed by Seeking Out Unoccupied Positions