Question: Which statement about pursuing both a low - cost and differentiation strategy is correct? Multiple Choice A greater focus on differentiation will result in reduced

Which statement about pursuing both a low-cost and differentiation strategy is correct?
Multiple Choice
A greater focus on differentiation will result in reduced costs.
Well-managed companies may be able to pursue both strategies at once.
Managers should not attempt to pursue both strategies at once.
Pursuing these strategies simultaneously is more efficient than choosing one over the other.
A greater focus on low cost will lead to more innovation.

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