If a company creates and maintains a culture that encourages employees to bring new ideas into the company, it is most likely to be using what strategy?
A) cost leadership
B) differentiation
C) specialization
D) growth
E) sabotage

Question

Quizplus · Accepted Answer

A culture that encourages employee creativity and new ideas is associated with a differentiation strategy, as it seeks to stand out from competitors by offering unique and innovative products or services. Cost leadership is more focused on minimizing costs to offer the lowest prices in the market, specialization aims to excel in a particular niche, growth is a general objective of most businesses, and sabotage is not a legitimate business strategy.

If a Company Creates and Maintains a Culture That Encourages