When a company pursues a lagging strategy,______.
A)it increases its capacity only when there is a sizeable increase in demand
B)it increases its capacity only when there is a small increase in demand
C)it increases its capacity only when there is no change in demand
D)it increases its capacity only when there is sufficient capital investment available

Question

Quizplus · Accepted Answer

Pursuing a lagging strategy means that the company only increases its capacity when there is a sizeable increase in demand. This is because the strategy is focused on reacting to changes in demand rather than anticipating and proactively preparing for them.

When a Company Pursues a Lagging Strategy,______