Possible threats to the low-cost strategic position include new technology and inferior quality.

Name: Possible threats to the low-cost strategic position include new technology and inferior quality.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

New technology may allow competitors to produce products more efficiently and at lower costs, eroding the low-cost strategic position. Additionally, if the company cuts costs to the point of sacrificing quality, customers may opt for competitors with higher quality products.

Possible Threats to the Low-Cost Strategic Position Include New Technology