Which of the Following Statements About Simultaneously Pursuing Both a Low-Cost

question 79

Multiple Choice

Which of the following statements about simultaneously pursuing both a low-cost strategy and a differentiation strategy is true?

• A)Organizations stuck in the middle tend to have higher levels of performance than those that pursue a low-cost or a differentiation strategy.
• B)Focusing on the differentiation of a product will result in reduced costs for a company.
• C)Extremely well managed companies may be able to keep low costs and differentiate their products.
• D)Managers try to gain a competitive advantage by focusing only on driving the company's costs down below the costs of industry rivals.
• E)Managers try to gain a competitive advantage by focusing only on distinguishing an organization's products from the products of competitors on dimensions such as product design, quality, or after-sales service.

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Definitions:

Psychosexual Development

Psychosexual development is a Freudian concept referring to a series of developmental stages from childhood to adulthood, where pleasure shifts from one body area to another, significantly shaping personality.

Psychosexual Stages

Freudian theory stages through which a child's personality develops, including the oral, anal, phallic, latency, and genital stages.

Anal Stage

The second stage of psychosexual development, when gratification is attained through anal activities.

Melancholic

Relating to or suffering from melancholy, a profound state of sadness or depression.