In which of the following strategies is the technical sophistication of products always lesser relative to competitors?
A)Prospector strategy
B)Differentiated defender strategy
C)Low-cost defender strategy
D)Differentiated reactor strategy

Question

Quizplus · Accepted Answer

The low-cost defender strategy emphasizes achieving lower costs than competitors by focusing on efficient production processes, reducing expenses, and controlling overhead. As such, the technical sophistication of products is typically lower relative to competitors because the goal is to offer a basic, affordable product that meets consumer needs at a lower cost than competitors.

In Which of the Following Strategies Is the Technical Sophistication