A Focused Low-Cost Strategy Seeks to Achieve Competitive Advantage By

question 98

Multiple Choice

A focused low-cost strategy seeks to achieve competitive advantage by:

• A) outmatching competitors in offering niche members an absolute rock-bottom price.
• B) delivering more value for the lesser money than other competitors.
• C) performing the primary value chain activities at a lower cost per unit than can the industry's low-cost leaders.
• D) dominating more market niches in the industry via a lower cost and a lower price than any other rival.
• E) serving buyers in a narrow piece of the total market (target market niche)at a lower cost and lower price than rivals.

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Definitions:

Gonorrhea

A sexually transmitted infection caused by the bacterium Neisseria gonorrhoeae.

Chlamydia

A sexually transmitted infection caused by the bacterium Chlamydia trachomatis, often asymptomatic but can lead to serious reproductive problems if untreated.

Infertility

The inability to conceive a child after one year of regular, unprotected intercourse.

Sexually Transmitted Infections

Refers to infections that are primarily spread through sexual contact, affecting both males and females.