Which of the Following Statements Is Incorrect Regarding the "Core

Multiple Choice

Which of the following statements is incorrect regarding the "core strategy" component of a firm's business model?

A) A firm's core strategy describes how it competes relative to its competitors.
B) The product a firm chooses has little impact on its core strategy and business model.
C) A company's product/market scope defines the products and markets on which it will compete.
D) From a broad perspective firms typically choose one of two generic strategies: cost leadership or differentiation.
E) The generic strategy a firm chooses greatly affects its business model.