Multiple Choice
Which of the following statements is true for companies that employ cost strategies?
A) They focus on high-quality production rather than efficient production.
B) They are very specific in the skills they require from their employees.
C) They shy away from investing in training employees in the skills they need.
D) They seek greater creativity by providing broader career paths to employees than companies that employ differentiation strategy.
E) They encourage their employees to take greater risks.
Correct Answer:

Verified
Correct Answer:
Verified
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