Which of the Following Are Two Strategies That a Company

question 9

Multiple Choice

Which of the following are two strategies that a company can use to gain a competitive advantage?

• A) Customer orientation strategy and operational effectiveness strategy
• B) Protection strategy and innovation strategy
• C) Mass customization strategy and cost leadership strategy
• D) Compliance strategy and innovation strategy

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Definitions:

Forerunners

Individuals, concepts, or things that precede and indicate the approach of someone or something else, often pioneers or early indicators of future developments.

Prominent

Standing out or being very noticeable in comparison to others.

Deinstitutionalization

The process of reducing reliance on residential institutions for people with mental illnesses, instead promoting community-based care and integration.

Psychotropic Drugs

Medications that affect the mind, emotions, and behavior; used in the treatment of mental health disorders.