One reason that large companies are able to succeed when competing based on a low-cost strategy is that they are able to take advantage of economies of scale.

Question

Quizplus · Accepted Answer

Large companies can produce and distribute goods and services on a larger scale, which allows them to spread fixed costs over a larger number of products and ultimately reduce their per-unit costs. This gives them a competitive advantage in offering lower prices while still maintaining profitability.

One Reason That Large Companies Are Able to Succeed When