Straddling strategies as an approach to strategic management is not recommended for which reason:
A) It is an attempt to gain competitive advantage based on over-all low-cost provider of a product or service
B) Research shows that straddling strategies leads to confusion among managers about the direction of the company.
C) It is an indication that the firm's managers have not made necessary choices about the business and its strategy
D) According to Porter straddling strategies is recommended for narrow scope firms that have been successful in the past.

Question

Quizplus · Accepted Answer

Straddling strategies indicate that the firm's managers have not made necessary choices about the business and its strategy. This approach can lead to a lack of focus and a failure to allocate resources effectively, which can ultimately result in lower profits and competitiveness. It is, therefore, not a recommended approach to strategic management.

Straddling Strategies as an Approach to Strategic Management Is Not