An organisation responds to the structure of its industry by choosing a ________ strategy.
A)diversification
B)leadership
C)growth
D)competitive

Question

Quizplus · Accepted Answer

An organisation responds to the structure of its industry by choosing a competitive strategy. The competitive strategy involves positioning the organisation in such a way that it can gain a competitive advantage over its rivals by differentiating its product or service, offering the same product or service at a lower cost, or focusing on a specific market segment. Diversification, leadership, and growth strategies are relevant to the overall goals of the organization, but they are not specific responses to the structure of the industry.

An Organisation Responds to the Structure of Its Industry by Choosing