Which of the Following Is a Difference Between a Low-Cost

question 21

Multiple Choice

Which of the following is a difference between a low-cost strategy and a differentiation strategy?

• A) Unlike a low-cost strategy, a differentiation strategy involves persuading customers to pay more for products.
• B) Unlike a low-cost strategy, a differentiation strategy focuses a company's efforts on seeking efficiencies.
• C) Unlike a low-cost strategy, a differentiation strategy involves reducing product costs.
• D) Unlike a low-cost strategy, a differentiation strategy creates similarities between a company's product and that of its competitors.

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