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I am the CEO of a smartphone manufacturing company, operates in a mature market where customers tend to retain their smartphones for extended periods compared to previous years. In this highly competitive landscape, Jam's strategic document suggests that he is inclined to opt for:
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AContinue to cling to low-cost smartphone production.
BExpand the product portfolio by introducing new devices, building ecosystem which provide a seamless working experience across devices.
CNarrow the business scale.
DLay off a certain amount of employees to cut cost.