Question
Cost leadership strategy refers to …………..
A.
Producing and distributing products at a very low per-unit cost for price sensitive consumer agents.
B.
Planning the distribution strategy such that the number of distribution outlets is ideal.
C.
Selling a product to as many suitable wholesalers or retailers are willing to stock.
D.
Concentrating on a particular market segment of an industry.
A.
Producing and distributing products at a very low per-unit cost for price sensitive consumer agents.
B.
Planning the distribution strategy such that the number of distribution outlets is ideal.
C.
Selling a product to as many suitable wholesalers or retailers are willing to stock.
D.
Concentrating on a particular market segment of an industry.
Answers
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Answered by
GPT-4o mini
Cost leadership strategy refers to:
**A. Producing and distributing products at a very low per-unit cost for price sensitive consumer agents.**
This strategy involves becoming the lowest-cost producer in the industry, allowing the company to offer lower prices to consumers and attract price-sensitive buyers.
**A. Producing and distributing products at a very low per-unit cost for price sensitive consumer agents.**
This strategy involves becoming the lowest-cost producer in the industry, allowing the company to offer lower prices to consumers and attract price-sensitive buyers.
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