Calliope Design carefully watches the actions of its most innovative competitors and learns from them. Calliope is most likely following a low-cost strategy by
A) Making subtle changes to the product, thereby avoiding patent restrictions.
B) Producing an imitation of the new technology that utilizes lower-quality and lower-cost materials.
C) Avoiding the costs and risks of technology leadership.
D) Mass-producing products that have an established market niche.
E) Based on the information in the question, Calliope would not be able to follow a low-cost strategy.

Question

Quizplus · Accepted Answer

If a technology follower such as Calliope learns from the leaders' experience, it can avoid the costs and risks of technology leadership, thereby establishing a low-cost position.

Calliope Design Carefully Watches the Actions of Its Most Innovative