Under which strategy would you offer products or services to a wide range of customers at the lowest price available on the market?
A) Cost Leadership - Low Cost
B) Cost Leadership - Best Value
C) Focus - Low Cost
D) Focus - Best Value
E) Differentiation

Question

Quizplus · Accepted Answer

Cost Leadership - Low Cost strategy involves offering products or services to a broad market at the lowest price available, aiming to attract a large number of customers by being the cost leader.

Under Which Strategy Would You Offer Products or Services to a Wide