Question


(p. 497) Which of the following statements about a low-cost producer strategy is true?

A. They believe that people will pay more for a product that is unique in some way.

B. They rely on selling products at the lowest possible cost.

C. They often hinge on adjusting to changing environments quickly.

D. Such companies are more likely to take an organic approach to organizational design.

E. They focus on supplying high quality differentiated products to customers.

Answer

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