ABC International carefully watches the actions of its most innovative - 2880

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Request Description

ABC International carefully watches the actions of its most innovative competitor and learns from them. ABC can establish a low-cost position by: 

A. Mass-producing products that have an established market niche

B. Producing an imitation of the new technology that utilizes lower-quality and lower-cost materials

C. Making subtle changes to the product, thereby avoiding patent restrictions

D. Learning from the leader thereby avoiding the costs and risks of technology leadership

E. Technology followers are not successful at low-cost strategies

 
Solution Description

ABC International carefully watches the actions of its most innovative competitor and learns from them. ABC can establish a low-cost position by: