Typically, an organization that uses a low-cost strategy ________.
A) is not leaders in product development
B) produce a wide range of products to suit the needs of different groups of customers
C) operates in a complex, uncertain environment
D) responds quickly to the changes in the environment of the organization

Question

Quizplus · Accepted Answer

Organizations that use a low-cost strategy tend to focus on reducing costs and offering products at a lower price than competitors. This often means they may not invest as heavily in product development or have a wide range of products to suit different customer needs.

Typically, an Organization That Uses a Low-Cost Strategy ________