Differentiation and cost leadership strategies are only effective in manufacturing industries.

Name: Differentiation and cost leadership strategies are only effective in manufacturing industries.
Brand: Quizplus
Rating: 4.8 (58 reviews)

Question

Quizplus · Accepted Answer

These two business strategies are called generic strategies because they can be used by any organization-manufacturing or service, large or small, for-profit or nonprofit, public or private, domestic or foreign-in the quest for competitive advantage, independent of industry context.

Differentiation and Cost Leadership Strategies Are Only Effective in Manufacturing