Question

The term "stuck in the middle": Group of answer choices means that the firm’s cost structure is not low enough to allow it to attractively price its products and that its products are not sufficiently differentiated to create value for its target customer. means adhering to a middle of the road strategy in the face of negative outcomes. reflects the fact that the customers of the firm have only moderate expectations regarding product quality. indicates that the customers of the firm are willing to pay only a mid-range price for the product.

Answer 1

Answer:

The correct answer is the option A: means that the firm's cost structure is not to low enough to allow it to attractively price its products and that its products are not sufficiently differentiated to create value for its target customer.

Explanation:

To begin with, the term called ''stuck in the middle'' is known in the business world for the main reason of being stuck in a situation where the costs of the firms are to high to allow them to have competitive and attractive prices and and that also these companies do no differentiate their product enough in the way to generate value to the customer they want to reach and therefore it is said that these firms are stuck in the middle due to the fact that they can not improve their benefits because of their high cost structure and low differentation.