Knowledge discovery should be the focus of a firm with a low-cost strategy.

Name: Knowledge discovery should be the focus of a firm with a low-cost strategy.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Knowledge discovery, while valuable, is not the primary focus of a firm with a low-cost strategy. Such firms typically concentrate on optimizing processes, reducing costs, and improving operational efficiencies rather than on the innovation or knowledge discovery processes that might be more characteristic of a differentiation strategy.

Knowledge Discovery Should Be the Focus of a Firm with a Low-Cost