How Valuable a Low-Cost Leader's Cost Advantage Is Depends on

question 52

Multiple Choice

How valuable a low-cost leader's cost advantage is depends on

• A)whether it is easy or inexpensive for rivals to copy the low-cost leader's methods or otherwise match its low costs.
• B)how easy it is for the low-cost leader to gain the biggest market share.
• C)the aggressiveness with which the low-cost leader pursues converting the cost advantage into the absolute lowest possible costs.
• D)the leader's ability to combine the cost advantage with a reputation for good quality.
• E)the low-cost leader's ability to be the industry leader in manufacturing innovation so as to keep lowering its manufacturing costs.

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Definitions:

Governor Berkeley

A historical figure known for his role as a colonial governor in Virginia, often associated with the governance during periods of early American history.

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African Americans who were not enslaved and lived in the United States before the abolition of slavery.

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A military force that is raised from the civil population to supplement a regular army in an emergency.

Maryland Act

Legislation specific to the state of Maryland, often requiring more context to define its purpose or scope, as many acts could carry this name.