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)"value innovation"
B)"strategic platforms"
C)"service nichers"
D)"strategic sweet spots"
E)"common platforms"

Question

Quizplus · Accepted Answer

The term used to describe the strategic moves mentioned in the statement is "value innovation". This refers to the creation of new value for both the company and its customers by identifying unoccupied market spaces and developing new products to meet the demand in those spaces. This approach is different from simply competing in existing markets, and can lead to significant growth and success for companies. None of the other answer choices accurately describe this concept.

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