Question: Product strategy may focus on developing a competitive advantage via either differentiation, low cost, or rapid response, but not a combination of these. True False

Product strategy may focus on developing a competitive advantage via either differentiation, low cost, or rapid response, but not a combination of these.

True

False

Which of the following statements is NOT true regarding joint ventures?

.

Ownership can be

50 - 50,

or one owner can assume a larger portion to ensure tighter control.

.

Joint ventures are usually between just two firms.

.

Joint ventures are more likely to work when the risks are unknown.

.

Joint ventures are firms establishing joint ownership to pursue new products or markets.

Product strategy may focus on developing a competitive advantage via either

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