Which of the Following Is NOT a Principal Danger of a Low-Cost

question 4

Multiple Choice

Which of the following is NOT a principal danger of a low-cost position approach?

• A) Powerful buyers
• B) Technological change
• C) Imitation of production techniques
• D) Changes in consumer tastes
• E) Rivals lowering their costs

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Definitions:

Permissive

A parenting or managerial style characterized by low demands with high responsiveness, where parents or leaders are indulgent and lenient, often resulting in minimal rules.

High-SES

Referring to individuals or groups with a high socioeconomic status, characterized by a high level of income, education, and occupation prestige.

Low-SES

Referring to low socioeconomic status, which encompasses individuals or groups with limited income, education, and occupational prestige.

Permissive

A parental approach where there's minimal expectations combined with a high level of attentiveness.