One of the Big Dangers in Crafting a Competitive Strategy

question 11

True/False

One of the big dangers in crafting a competitive strategy is that managers, torn between the pros and cons of the various generic strategies, will opt for "stuck in the middle" strategies that represent compromises between lower costs and greater differentiation and between broad and narrow market appeal.Explain your answer.

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Definitions:

Ground Tissue

The tissue of a plant that makes up the majority of its non-woody structures, filling the space between the dermal and vascular tissue systems.

Ground Tissue System

The bulk of the primary plant body, consisting of three types of plant cells - parenchyma, collenchyma, and sclerenchyma - which perform various functions including photosynthesis, storage, and support.

Epidermis

The outer layer of cells covering an organism, particularly the surface epithelium of the skin on the body of an animal.

Photosynthesis

The process by which green plants, algae, and some bacteria convert light energy, usually from the sun, into chemical energy stored in glucose, using carbon dioxide and water.