Straddling strategies as an approach to strategic management is not recommended for which of the following reason:
A)It is an attempt to gain competitive advantage based on over-all low-cost provider of a product or service
B)Research shows that stradeling strategies leads to confusion among managers about the direction of the company.
C)It is an indication that the firm's managers have not made necessary choices about the business and its strategy
D)According to Porter straddling strategies is recommended for narrow scope firms that have been successful in the past.

Question

Quizplus · Accepted Answer

Straddling strategies imply that a company is trying to combine different strategic positions without making clear choices, which can lead to dilution of resources, loss of focus, and confusion among managers. In other words, straddling is a sign that a company has not made necessary choices about its business and strategy, and it is not likely to achieve sustainable competitive advantage. Therefore, straddling is not recommended for effective strategic management. Option A is incorrect because being a low-cost provider can be a viable strategy, but straddling is not the best way to achieve it. Option B is incorrect because confusion among managers is a possible consequence of straddling, but it is not the main reason why it is not recommended. Option D is incorrect because Porter suggests that straddling is not a good strategy for any firm that wants to achieve sustainable competitive advantage.

Straddling Strategies as an Approach to Strategic Management Is Not