Aries is a new company in the laundry detergent market, which already has many competitors. Researchers at Aries have devised a new, cost-efficient formula for manufacturing detergents that has made it possible for the company to charge less than its competitors and still make a profit. The strategy used by Aries is that of _____.
A) cost leadership
B) stuck-in-the-middle
C) focused differentiation
D) differentiation
E) co-opetition
Correct Answer:
Verified
Q102: Why is corporate governance essential in an
Q103: Syntagmatic, an educational consultancy firm, believes staying
Q104: A _ strategy typically concentrates attention on
Q105: Syntagmatic, an educational consultancy firm, believes that
Q106: Process failure where the planning process becomes
Q108: Which of the following allows organizations to
Q109: In a(n) _ alliance, firms typically join
Q110: A lack of participation error is most
Q111: Which of the following is a defining
Q112: Which of the following is a defining
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents