In order to understand a company's business,an analyst must understand the corporation's strategy.Which of the following is an example of a corporate strategy?
A)being a high-cost producer
B)following product simplification
C)being a low-cost producer
D)being a low-volume producer

Question

Quizplus · Accepted Answer

Being a low-cost producer is an example of a corporate strategy as it focuses on maintaining low costs for the company in order to remain competitive and profitable. The other options - being a high-cost producer, following product simplification, and being a low-volume producer - do not necessarily describe overarching corporate strategies but rather specific business practices or tactics.

In Order to Understand a Company's Business,an Analyst Must Understand