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.

---

Definitions:

Strong sense

The robust understanding or perception of something, implying a deep and confident knowledge or conviction.

Specific roles

Specific roles refer to the distinct functions or responsibilities assigned to individuals or groups in a social, professional, or organizational context.

Secondary groups

Large groups characterized by impersonal and formal relationships, often oriented around a specific goal or activity.

Weekly poker game

A regular social gathering where participants play poker, often characterized by its recreational nature and social interactions.