A ______ stratgegy requires a strong commitment to efficiency and control.Such a firm tends to be more centralized as it tries to control costs.
A) focus
B) cost leadership
C) differentiation
D) defender
E) prospector

Question

Quizplus · Accepted Answer

A cost leadership strategy requires a strong commitment to efficiency and control as the main objective is to minimize costs and offer products or services at a competitive price. This often entails a centralized structure to better manage and control costs.

A ______ Stratgegy Requires a Strong Commitment to Efficiency and Control.Such