Cost leadership firms are more likely to reward employee innovation than differentiation firms or focus firms.

Question

Quizplus · Accepted Answer

Cost leadership firms are focused on minimizing costs and maximizing efficiency, so they may not prioritize employee innovation as much as differentiation firms or focus firms, which rely heavily on innovation to stand out in the market. Therefore, differentiation firms and focus firms are more likely to reward employee innovation than cost leadership firms.

Cost Leadership Firms Are More Likely to Reward Employee Innovation