Karen Inc.changes its business strategy from a focused differentiation strategy to a focused cost leadership one.Which of the following steps in the process of strategic management ideally includes this action?

Question

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The step of strategy formulation involves choosing a competitive strategy such as cost leadership, differentiation, or focus. In this case, the company is changing its strategy from focused differentiation to focused cost leadership, which falls under the umbrella of strategy formulation.

Karen Incchanges Its Business Strategy from a Focused Differentiation Strategy to to a Focused