White Leo Autos manufactures and markets four different cars: Leo Sport,Leo Prestige,Leo Spark,and Leo Ease.These four product variants are operated as individual business units.While the product leaders of Leo Sport,Leo Prestige,and Leo Spark have adopted a differentiation strategy to attract the niche market: the product leader of Leo Ease follows a cost-leadership strategy to suit the mass market.This decision of the product leader of Leo Ease can be ideally categorized as a _____ strategy.
A) corporate
B) functional
C) business
D) tactical
Correct Answer:
Verified
Q12: Which of the following best describes a
Q21: In the top-down strategic planning approach, all
Q27: Strategies developed at the departmental level, such
Q56: As a part of strategy formulation,corporate strategy
Q58: During an assessment of employees and leaders
Q59: According to the Level-5 leadership pyramid,a manager
Q60: The management team at Clear Solutions,Inc.decided to
Q62: Which of the following strategies best illustrates
Q63: The production department at Coral Cements that
Q64: Green Rabbit Products Inc.(GRP)is a large conglomerate.The
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