Match each item with a statement below:

-An example of a generic strategy
A)oligopoly
B)perfect competition
C)low-cost leadership
D)economies of scale
E)external environment
F)strategic group
G)monopolistic competition
H)market niche
I)monopolies
J)value chain

Question

Match each item with a statement below:

-An example of a generic strategy
A)oligopoly
B)perfect competition
C)low-cost leadership
D)economies of scale
E)external environment
F)strategic group
G)monopolistic competition
H)market niche
I)monopolies
J)value chain

Quizplus · Accepted Answer

Low-cost leadership is a generic strategy that focuses on achieving a cost advantage over competitors.

Match Each Item with a Statement Below