​Which of the Following Is True of the Cost-Leadership Strategy

question 18

Multiple Choice

​Which of the following is true of the cost-leadership strategy?

• A) ​Competitors can easily enter the field.
• B) ​Profits can be maintained at a constant level in the long-run.
• C) ​Brand loyalty becomes more intense.
• D) ​Advertisement costs will decrease.

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Definitions:

Desired Behaviour

The specific actions or reactions that are sought after in a particular context, often influenced by goals or expectations.

Enhancement Value

The additional value created through measures that improve the quality, performance, or perception of a product, service, or experience.

Shaping

Positive reinforcement of successive approximations to the desired behaviour.

Positive Reinforcement

A behavior modification technique that involves rewarding a desired behavior to encourage its repetition.