_____ are often associated with a low-cost leader strategy, whereas, _____ are frequently an important aspect of a differentiation strategy.

Question

Quizplus · Accepted Answer

Process innovations are typically associated with reducing costs and improving efficiency, which aligns with a low-cost leader strategy. Product innovations, on the other hand, often add unique features or capabilities that can differentiate a company's offerings from those of competitors, fitting a differentiation strategy.

_____ Are Often Associated with a Low-Cost Leader Strategy, Whereas