A Company That Wants to Become the Lowest Cost Producer

question 52

Multiple Choice

A company that wants to become the lowest cost producer in an industry should _____.

• A)create a product that is different from other products in the market
• B)construct efficient large-scale facilities
• C)invest heavily in branding their product
• D)invest in creating a unique customer service process
• E)start using the latest machines for its production facility

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