While there are constraints that limit the number of firms that adopt the focused cost leadership strategy, this strategy inherently performs better than the cost leadership strategy.

Question

Quizplus · Accepted Answer

The statement is false. There are situations where the focused cost leadership strategy may perform better than the cost leadership strategy, but it is not inherently better. The success of any strategy depends on various factors such as the industry, market conditions, competition, and the organization's capabilities to implement the strategy effectively.

While There Are Constraints That Limit the Number of Firms