The company's CEO puts pressure on the firm's R&D managers to develop products that can be created cheaply. The firm would be following a ________ strategy:
A. Cost leadership
B. Differentiation
C. Cost focus
D. Retrenchment
Answer: A
Management Chapter | Multiple Choice | Questions and Answers | Test Bank
A. Cost leadership
B. Differentiation
C. Cost focus
D. Retrenchment
Answer: A