Question

A business 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

Answer 1

Answer:

B. Getting caught in the transition period without a clear strategic advantage.