Which of the following is least likely to be a Cost Leadership competitive advantage?
A) low overhead
B) effective capacity use
C) inventory management
D) broad product line
E) mass production

Question

Quizplus · Accepted Answer

Broad product line is least likely to be a Cost Leadership competitive advantage because it may require additional costs to produce and manage a wide range of products, which may affect the company's ability to offer the lowest price in the market. Cost leadership strategy focuses on minimizing costs while maintaining quality to offer products at a lower price than competitors. Therefore, options A, B, C, and E are more likely to be Cost Leadership competitive advantages because they all contribute to reducing costs and increasing efficiency in the production process.

Which of the Following Is Least Likely to Be a Cost