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Jake Lamps Manufactures Lamps, Lights, Shades, and Bulbs

Question 71

Multiple Choice
Jake Lamps manufactures lamps, lights, shades, and bulbs. Its lighting lasts long and saves power, and it is superior in quality when compared to all its competitors. Its products are being sold at the lowest price in the market. In the context of industry-level strategy, the company is most likely using a(n) _____.

Jake Lamps manufactures lamps, lights, shades, and bulbs. Its lighting lasts long and saves power, and it is superior in quality when compared to all its competitors. Its products are being sold at the lowest price in the market. In the context of industry-level strategy, the company is most likely using a(n) _____.


A) cost leadership strategy
B) focus strategy
C) divestment strategy
D) adaptive strategy

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