A Low-Cost Leader's Basis for Competitive Advantage Is

question 34

Multiple Choice

A low-cost leader's basis for competitive advantage is

• A)lower prices than rival firms.
• B)using a low-cost/low-price approach to gain the biggest market share.
• C)high buyer-switching costs.
• D)lower overall costs than competitors.
• E)higher unit sales than rivals.

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Definitions:

Paralanguage

Non-verbal elements of communication used to modify meaning and convey emotion, such as tone of voice, loudness, and pitch.

Voice Mail Techniques

Strategies or methods used to effectively communicate and manage messages through a voice mail system.

Professional Talking

The use of formal and industry-specific language in a business setting.

Adaptation

The process of adjusting or changing something to suit a new environment or condition.