Pressures for cost reductions are intense in which of the following industries?
A) Industries producing commodity-type products that serve specific needs
B) Industrial and consumer products such as handheld calculators and personal computers
C) Industries where major competitors are based in high-cost locations
D) Industries where there is persistent lowered capacity
E) Industries where consumers are not powerful and face high switching costs

Question

Quizplus · Accepted Answer

Industries producing industrial and consumer products like handheld calculators and personal computers face intense pressures for cost reductions due to high competition and the need to offer products at competitive prices.

Pressures for Cost Reductions Are Intense in Which of the Following