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According to Porter's competitive strategies, which strategy should a company pursue if it possesses a low...

According to Porter's competitive strategies, which strategy should a company pursue if it possesses a low cost competitive advantage and a narrow competitive scope?

Low-cost leadership

Differentiation

Focused low-cost leadership

Focused differentiation

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Answer #1

Focused low-cost leadership

This is a business level strategy which is effective and preferred when the organization has a low cost competitive advantage along with a narrow competitive scope as well.

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