Final answer:
The statement is false. Development is important for both cost strategy and differentiation strategy firms, and it is a misconception that firms with a cost strategy only focus on keeping development costs low through work experience. Both strategies require a balance of development initiatives.
Step-by-step explanation:
The statement you've asked about concerning organizations and development strategies is false. While development is essential for all organizations, the focus differs between those pursuing a cost strategy versus a differentiation strategy. It's not necessarily true that firms pursuing a cost strategy always focus on keeping development costs low through work experience alone.
For firms pursuing a cost strategy, minimizing expenses is essential, but it doesn't preclude other forms of development that could lead to increased productivity and efficiency. Similarly, firms pursuing a differentiation strategy also need to invest in development to create unique products or services that set them apart from competitors. The development might come in the form of innovation, improved product design, or enhanced customer experience.
Ultimately, while cost control is a significant aspect of the cost strategy, and differentiation focuses on uniqueness and customer value, both strategies must balance various forms of development in order to stay competitive and support long-term growth.