Final answer:
The statement is false as low cost leaders and companies with differentiation strategies both care about balancing cost and quality. The success of these strategies relies on maintaining a competitive edge while ensuring profitability and customer satisfaction.
Step-by-step explanation:
The statement that low cost leaders are unconcerned about quality and that companies with differentiation strategies are unconcerned about costs is false. Low cost leaders do care about maintaining a certain level of quality to satisfy customer needs and remain competitive. Similarly, companies pursuing differentiation strategies also pay attention to costs to ensure profitability. Balance between cost management and quality assurance is vital for the sustainability and success of both strategies.
While it is true that low-income countries may prioritize economic development and could lower environmental standards to attract business, this does not necessarily indicate that businesses operating within those countries completely disregard environmental quality. The notion that pollution management is a minor cost compared to others is more nuanced, as it often depends on the specific industry and market pressures.