Which of the following could be a strategic change?

Question

Quizplus · Accepted Answer

All three options describe strategic changes that a company could make. Moving from a focus on cost towards differentiation would involve a significant shift in the company's strategy, as it would require substantial investment in research and development and marketing to create and promote new product or service features. Selling new products or services to existing customers or entering new markets would involve a similar shift in the company's focus and would require investment in market research and advertising efforts. Finally, decisions to integrate activities previously done by suppliers or to outsource activities previously done in-house would involve a significant change in the company's operating model and could impact its cost structure and overall competitiveness.

Which of the Following Could Be a Strategic Change