A Firm Introduces a New Range of Laptops That Concentrate

question 24

Multiple Choice

A firm introduces a new range of laptops that concentrate on delivering good graphics performance.Which of the following competitive strategies has the firm adopted if these laptops have relatively low prices?

• A)industry-wide low cost
• B)focus differentiation
• C)focus low cost
• D)industry-wide differentiation

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Definitions:

Flexible Behaviour

The ability to adapt actions and strategies in response to changing circumstances or environments.

Formal Work Groups

Teams established by an organization to achieve specific tasks, characterized by structured roles, responsibilities, and processes.

Organizational Members

Employees or stakeholders who actively participate in the organization's processes and activities.

Interaction and Coordination

The process by which individuals or groups communicate and work together effectively to achieve a common goal.