Businesses using a low-cost strategy attempt to offer a
A)luxury product at a mid-range price.
B)luxury product at a low price.
C)unique product at a mid-range price.
D)unique product at a low price.
E)no-frills product at a low price.

Question

Quizplus · Accepted Answer

Businesses using a low-cost strategy aim to offer no-frills products at a low price, thereby attracting price-sensitive consumers who prioritize value for money over additional features or luxury.

Businesses Using a Low-Cost Strategy Attempt to Offer a