146k views
1 vote
According to the Chapter 4 Strategic Focus, The Li Ning Company entered the Chinese sportswear market using a __________________ strategy. As it seeks to expand into new market segments, however, its strategy has changed to ____________________.

a. differentiation; integrated cost leadership/differentiation
b. focused differentiation; differentiation
c. cost leadership; integrated cost leadership/differentiation
d. focused cost leadership; cost leadership

User Mtisz
by
7.4k points

1 Answer

7 votes

Final answer:

The Li Ning Company initially used a differentiation strategy to enter the Chinese sportswear market but has now shifted to an integrated cost leadership/differentiation strategy as it expands into new market segments.

Step-by-step explanation:

The Li Ning Company entered the Chinese sportswear market using a differentiation strategy. It differentiated itself from competitors by offering unique and high-quality products. However, as the company seeks to expand into new market segments, its strategy has changed to integrated cost leadership/differentiation. This means that Li Ning focuses on offering a combination of high-quality products at competitive prices.

User Probsolver
by
7.4k points