Toshsung manufactures high-end technology products to consumers. Leadership has noticed the company is losing a lot of business due to an influx of more economical options from its competitors. As a result, Toshsung is exploring the addition of a budget-friendly product line. Which form of organizational change does this best represent?

Question

Quizplus · Accepted Answer

This represents a change in strategy, as Toshsung is adjusting its approach to the market by introducing a budget-friendly product line to compete with more economical options from competitors.

Toshsung Manufactures High-End Technology Products to Consumers