Strategies must constantly change because O a. the need to compete with the new strategic moves of the industry leaders. O b. the need to make regular adjustments in the company's strategic vision. O c. the need to respond to changing market and competitive conditions. O d. the significance of a fresh strategic plan every year. Question 3 Not yet answered Marked out of 1.00 The following are generic strategies commonly implemented by firms, EXCEPT O a. target a narrow market niche to serve special needs of the customers. O b. strive to be low-cost provider of the industry. O c. outcompete competitors based on differentiating features that appeal to a broad spectrum of custome O d. endeavoring to become high-price provider of the industry O e. formulate best-cost provider strategy that provide customers more value for the money