An automobile company decides to improve the quality of its products and bring more variety into its entire product line. The company has decided to adopt ________.
A)focused cost leadership
B)industry-wide differentiation
C)industry-wide cost leadership
D)focused differentiation

Question

Quizplus · Accepted Answer

The company's decision to improve the quality of its products and bring more variety into its entire product line indicates that it has decided to adopt industry-wide differentiation. This strategy involves offering unique and superior products or services to customers across the industry, which can result in higher prices and profits.

An Automobile Company Decides to Improve the Quality of Its