Identify a primary way in which companies achieve cost advantage through lower-cost inputs.
A)By allowing suppliers to exercise strong bargaining power
B)By cooperating especially well with suppliers
C)By getting inputs from far-off locations
D)By blocking access to inputs for other companies

Question

Quizplus · Accepted Answer

Cooperating especially well with suppliers can lead to more favorable terms, lower prices, or access to higher-quality materials at lower costs, thus achieving a cost advantage.

Identify a Primary Way in Which Companies Achieve Cost Advantage