A_____strategy is based on an organizations ability to provide a product or service at a lower cost than its rivals.

A) cost leadership
B) focused
C) cost control
D) functional

Question

A_____strategy is based on an organizations ability to provide a product or service at a lower cost than its rivals.A)  cost leadershipB)  focusedC)  cost controlD)  functional

Angeline Parado · Accepted Answer

Final Answer : A, Explanation :  Cost leadership is a strategy that focuses on producing a product or providing a service at a lower cost than competitors. This means that the organization can offer the product or service at a lower price, which can attract price-sensitive customers and potentially gain a larger market share. The other answer choices are not directly related to providing products or services at a lower cost.

A_____strategy is based on an organizations ability to provide a product or service at a lower cost than its rivals.

A) cost leadership
B) focused
C) cost control
D) functional

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Learning Objectives

Learning Objectives

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