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

question 111

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 costs
• D) offering products and services with superior qualities

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Definitions:

Maslow

An American psychologist best known for creating Maslow's hierarchy of needs, a theory of psychological health predicated on fulfilling innate human needs in priority, culminating in self-actualization.

Construal

The way an individual makes sense of the world around him.

Humanist

A person or an approach that emphasizes the value and agency of human beings, individually and collectively.

Manifest Content

In psychoanalytic theory, the apparent, remembered content of a dream or thought, as opposed to its hidden or symbolic meaning.