The risks associated with pursuing a cost leadership strategy include all of the following except:
A) Preoccupation with costs may lead a firm not to detect required product changes
B) The firm's products are likely to become targets for imitators
C) Efforts to cut costs could lead to unsafe products
D) Cost cutting could lead to products of very poor quality
Correct Answer:
Verified
Q24: A business-level strategy describes:
A) The businesses in
Q25: A strategy that is a combination of
Q26: A firm successfully implementing a differentiation strategy
Q27: A business-level strategy can best be thought
Q28: All of the following are ways that
Q30: The effectiveness of any of the generic
Q31: A company with a low-cost position generally
Q32: A firm that pursues a cost leadership
Q33: The biggest risk to a focus strategy
Q34: Companies have little to gain from trying
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents