While Low-Cost Providers Are Champions of Frugality,they

question 92

Multiple Choice

While low-cost providers are champions of frugality,they:

• A) seldom hesitate to spend aggressively on resources and capabilities that promise to drive costs out of the business.
• B) are never hesitant to eliminate costs so as to remain the low-cost provider.
• C) are not blinded by cost reduction,preferring product differentiation strategies that reflect cost-reductions rather than buyer needs and wants.
• D) are also champions of profitability by having prices lower than costs to gain volume gains.
• E) always anticipate negative feedback from stakeholders because of their spending habits.

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Definitions:

Wireless Network

A computer network that uses wireless data connections between network nodes, enabling devices to connect to the internet without physical wires.

First Generation

Referring to the earliest stage or version of a product, technology, or system, often characterized by being the initial attempt or introductory iteration.

Mobile Networks

Wireless communication networks that enable devices to connect to the internet and communicate with each other without fixed connections.

Rogue Access Point

An unauthorized access point to a wireless network, introduced without the network administrator's consent, potentially compromising network security.