The low-cost strategic option consists of all of the approaches below except:
A) Scale economies
B) No-frills product/service
C) Delivery of superior customer service
D) Production/operations
E) Experience curve

Question

Quizplus · Accepted Answer

The low-cost strategic option focuses on reducing costs to offer products/services at a lower price than competitors. While superior customer service can be a competitive advantage, it does not necessarily align with the low-cost strategy. Therefore, choice C is not a part of the low-cost strategic option.

The Low-Cost Strategic Option Consists of All of the Approaches