Which of the Following Is True About Firms That Pursue

question 3

Multiple Choice

Which of the following is true about firms that pursue both strategies of cost leadership and differentiation?

• A)​They become "stuck in the middle" with resulting poor performance.
• B)​They cannot be successful in both strategies.
• C) ​Flexible manufacturing enables a firm to produce differentiated products at low costs in many cases.
• D) ​Mass customization is the inevitable result of combining strategies.

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Definitions:

Stay-at-home Dads

Fathers who choose to stay at home to care for their children and manage household duties, challenging traditional gender roles.

High Paying Jobs

Occupations that offer a salary significantly above the average, providing financial security and often requiring specialized skills or education.

Education

The systematic process of facilitating learning, acquiring knowledge, skills, values, and attitudes through instructional methods and resources.

Personal Satisfaction

A state of contentment and fulfillment that an individual experiences when their desires, expectations, or needs are effectively met.