It is impossible for an organization to have both, low-cost as well as differentiated products.

Name: It is impossible for an organization to have both, low-cost as well as differentiated products.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

It is possible for an organization to have both low-cost and differentiated products. This is known as a hybrid strategy, where an organization tries to achieve a balance between cost leadership and differentiation to gain a competitive advantage in the market.

It Is Impossible for an Organization to Have Both, Low-Cost