1) For success in mature industries, business strategies require which of these
ID: 405693 • Letter: 1
Question
1) For success in mature industries, business strategies require which of these features? Select one: A. Ability to rapidly improve product qualities and performance features. B. Ability to differentiate the firm's products from competitors entering the market C. Emphasis on process innovation that permits low-cost product design, manufacturing methods, and distribution synergy. D. Gradually harvest the business
2) strategy allows a firm to practice a form of concentrated growth by identifying new uses of existing products and by finding new demographic or psychographic markets. Select one: A. Innovation B. Product development C. Market development D. Horizontal integration
Explanation / Answer
Answer-1 gradually arvest the business
Answer-2 a innovation
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