A _____ Occurs When a Business Sells a Product at or near the Lowest

question 24

Multiple Choice

A _____ occurs when a business sells a product at or near the lowest price in the firm's chosen market segment or segments.

• A) differentiation strategy
• B) focused strategy
• C) best-cost strategy
• D) low-cost strategy

---

Definitions:

Gender Segregation

The physical, legal, or cultural separation of people based on their gender.

Concentration Of Women

Situations or contexts where women are in majority or where their presence is significantly higher than that of men.

Legislation

Laws and regulations formally enacted by governing bodies to regulate, authorize, forbid, or sanction specific actions and practices.

Gender Identity

Gender identity is an individual's personal sense of their own gender, which may or may not correspond with the sex they were assigned at birth.