When Pursuing Both a Low-Cost and Differentiation Strategy

question 69

Multiple Choice

When pursuing both a low-cost and differentiation strategy,

• A)organizations tend to have higher levels of performance.
• B)a greater focus on differentiation will result in reduced costs.
• C)managers are likely to get stuck in the middle.
• D)a greater focus on low-cost will lead to more innovation.
• E)organizations should focus on both equally.

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Definitions:

High Speeds

Refers to the capability of operating at a rapid rate of motion or action.

Civilization

Advanced stage of human social development and organization characterized by urban development, social stratification, and the use of written or recorded communication.

Samuel Huntington

An American political scientist known for his "Clash of Civilizations" theory, positing that future conflicts would be culturally based.

Religion

A set of organized beliefs, practices, and systems that revolve around the worship of a supernatural power or deity, offering a framework for understanding the universe and humanity's place within it.