Companies successfully implementing an integrated cost leadership/differentiation strategy are better positioned than firms pursuing the other four business strategies to do all of the following EXCEPT
A) learn new skills.
B) adapt quickly to a changing environment.
C) reduce the risks for stakeholders of the firm.
D) have more primary and support activities in which they are competent.

Question

Quizplus · Accepted Answer

Implementing an integrated cost leadership/differentiation strategy does not necessarily reduce risks for stakeholders. In fact, pursuing this strategy may lead to increased risks as the firm attempts to maintain a balance between cost and differentiation. The other options are benefits of implementing this strategy.

Companies Successfully Implementing an Integrated Cost Leadership/differentiation Strategy Are Better