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Author Question: What is strategy? Briefly describe the two broad types of strategies that companies may choose to pursue. (Read 99 times)

burchfield96

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Question 1

Generally, companies follow one of two broad strategies: offering a quality product at a low price, or offering a unique product or service priced higher than the competition. Is it possible to follow a strategy that is "in the middle"?

Question 2

What is strategy? Briefly describe the two broad types of strategies that companies may choose to pursue.


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Marked as best answer by burchfield96 on Mar 6, 2021

lucas dlamini

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burchfield96

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Reply 2 on: Mar 6, 2021
YES! Correct, THANKS for helping me on my review


vickybb89

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Reply 3 on: Yesterday
Great answer, keep it coming :)

 

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