Multiple Choice
The risks associated with pursuing a cost leadership strategy include all of the following except:
A) Preoccupation with costs may lead a firm not to detect required product changes
B) The firm's products are likely to become targets for imitators
C) Efforts to cut costs could lead to unsafe products
D) Cost cutting could lead to products of very poor quality
E) Large investments could cause reluctance to change
Correct Answer:

Verified
Correct Answer:
Verified
Q2: When does a global approach to an
Q3: During the decline stage of the industry
Q4: A firm that pursues a cost leadership
Q5: Which of the following is an advantage
Q6: Strategy formulation responsibilities at the business level
Q7: Market development entails:<br>A)Seeking new market segments or
Q8: Describe the strategic flexibility tactic and how
Q9: During the introduction stage of the industry
Q10: All of the following are ways that
Q11: For a differentiation strategy to be considered