Firms focusing on operating a cost-leadership strategy are most likely to develop their product or service to emphasize the functional aspects.
What is strategic management?
Strategic management can be defined as the plan in motion to implement the aims and objective of an organization.
Here, strategic management is important because it makes the necessary plans and policies by making sure that the vision statement of the company is achieved.
Hence, Firms focusing on operating a cost-leadership strategy are most likely to develop their product or service to emphasize the functional aspects.
Learn more about strategic management here: https://brainly.com/question/24845876
