Which of the Following Is a Key Attribute of the Low-Cost

question 76

Multiple Choice

Which of the following is a key attribute of the low-cost leadership strategy?

• A)providing unique add-ons to supplement the products or services
• B)focusing on a specific market segment
• C)optimizing the value chain by eliminating unwanted expenditures
• D)offering products and services with superior qualities

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Definitions:

Innis

Harold Adams Innis, a Canadian professor and the author of seminal works on media, communication theory, and economic history.

World Politics

The study of how global political processes, institutions, and leaders interact in the international arena.

Metaphysical Stage

A phase in Auguste Comte's Law of Three Stages where society searches for the essence of phenomena through abstract speculation and supernatural explanations.

Comte

Auguste Comte, a French philosopher, is known as the father of sociology and positivism, emphasizing the importance of empirical evidence and scientific methods in understanding society.