Which of the following firm's can be referred to as being "stuck in the middle"?
A) A firm that masters both low-cost and differentiation focused approach
B) A firm that employs only a single strategy to achieve competitive advantage
C) A firm that engages in numerous strategies but fails to master any one
D) A firm that is in the second stage of strategy formulation

Question

Quizplus · Accepted Answer

A firm that engages in numerous strategies but fails to master any one is commonly known as "stuck in the middle" because it lacks a clear focus on any particular strategy, leaving it unable to effectively compete in any strategic category. A firm that masters both low-cost and differentiation focused approaches (option A) is not stuck in the middle as it has clear competitive advantages. Option B only describes a firm using a single strategy, which isn't necessarily stuck in the middle. Option D is incorrect as there are no such strategy formulation stages that can be related to stuck in the middle concept.

Which of the Following Firm's Can Be Referred to as Being