Compared to a Differentiator, the Company That Follows a Low-Cost

question 72

Multiple Choice

Compared to a differentiator, the company that follows a low-cost strategy has the advantage of:

• A)distinguishing its products from those of rivals by offering something that they fmd hard to match.
• B)absorbing cost increases by powerful suppliers while keeping to their lower pricing.
• C)allowing the company to charge a premium price for its good or service.
• D)using perceived superior value to generate growth in demand among customers.
• E)creating entry barriers for rivals with greater brand loyalty to the specific products offered.

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Definitions:

Merge Scenarios

Situations or case studies in software development or data management where combining datasets or functionalities is explored for efficiency or enhancement.

Scenario

A description of a possible event or series of events, often used for planning or testing purposes.

Changing Values

The process of updating or modifying data values in a database, software application, or document.

Measure

A term for determining the size, quantity, or degree of something.