​Low Cost Strategies Are Usually Found in Industries Where

question 15

Multiple Choice

​Low cost strategies are usually found in industries where

• A)​Products are not particularly differentiated
• B)Price competition tends to be fierce
• C)Both a and b
• D)​None of the above

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Definitions:

Inventory Turnover

A ratio showing how many times a company's inventory is sold and replaced over a period of time, indicating the efficiency of inventory management.

Return On Assets

Return on assets (ROA) is a financial ratio that indicates the profitability of a company relative to its total assets, measuring how efficiently a company uses its assets to generate profit.

Total Debt

The sum of all financial obligations or liabilities held by a business or individual, including short-term and long-term debt.

Profit Margin

A financial metric indicating the percentage of revenue that exceeds the cost of goods sold, representing the fraction of revenue that constitutes profit.