Which of the Following Is True of About Low-Cost Strategy

question 46

Multiple Choice

Which of the following is true of about low-cost strategy?

• A)It fares best in an organization with an informal structure.
• B)It fares best in an organization with more liberal norms.
• C)It fares best in an organization that gives its employees a lot of autonomy.
• D)It is aimed at increasing the value of goods as perceived by customers.
• E)It gives managers greater control over the organizational activities.

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Definitions:

Test Pilots

Skilled aviators who fly new or modified aircrafts to validate design objectives, ensure safety, and recommend improvements.

Airplane Makers

Companies and manufacturers that specialize in the design and production of aircraft.

Required Skills

The specific abilities, knowledge, and expertise that are necessary for an individual to perform a job effectively.

Marginal Contribution

The additional benefit or output produced from using one more unit of a resource.