For consumers who are price sensitive,cost leadership emphasizes producing standardized products at very low per-unit cost.

Name: For consumers who are price sensitive,cost leadership emphasizes producing standardized products at very low per-unit cost.
Brand: Quizplus
Rating: 4.7 (43 reviews)

Question

Quizplus · Accepted Answer

Cost leadership strategy is a pricing approach used by companies to produce standardized products at a low cost to be able to offer lower prices to customers who are price sensitive. Therefore, the statement is true.

For Consumers Who Are Price Sensitive,cost Leadership Emphasizes Producing Standardized