Question: Which statement regarding business strategy is true? With an overall low - cost leadership strategy, firms need not be concerned with the quality of their

Which statement regarding business strategy is true?
With an overall low-cost leadership strategy, firms need not be concerned
with the quality of their goods.
In the short run, a business with one or more competitive advantages is
probably destined to earn normal industry profits
Attaining multiple types of competitive advantage is a recipe for confusion
In differentiation, the primary emphasis is on product/service attributes for
which customers will gladly pay a premium
Which statement regarding business strategy is true? With an overall low-cost

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