Business, 04.11.2019 23:31 ashhleyjohnson

Abusiness may survive and prosper during the growth stage even though it has neither differentiated its offering from competitors nor attained the lowest-cost position in its industry. but during the transition period, such is not the case." which of the following strategic traps leads to such a state?

a. failure to recognize the events signaling the beginning of the shakeout period
b. getting caught in the transition period without a clear strategic advantage
c. failure to recognize the declining importance of product differentiation and the increasing importance of service
d. giving up market share too easily in favor of short-run profit

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