Which of the Following Is NOT a Principal Danger of a Low-Cost

question 45

Multiple Choice

Which of the following is NOT a principal danger of a low-cost position approach?

• A)Powerful buyers
• B)Technological change
• C)hnitation of production techniques
• D)Changes in consumer tastes
• E)Rivals lowering their costs

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Definitions:

Global Agnostic

An approach where businesses or strategies do not favor any particular country or cultural norms but instead aim to be universally applicable and relevant.

Creolization

The process in which different cultures come into contact and create new, blended cultural practices, languages, and identities.

Back-translation

A method used in the process of translating a document or text back into the original language by a different translator to ensure accuracy and consistency.

Cross-cultural Analysis

The examination of how cultural differences impact behavior, practices, and values across different societies or cultural groups.