Marketplace Farms is a regional cooperative of apple and peach growers.In order to compete against larger regional growers, the company relies on inexpensive packaging processes and lower-cost labour instead of machines.Marketplace Farms is relying on what type of strategy?

Question

Quizplus · Accepted Answer

Marketplace Farms is relying on cost-based strategy, which focuses on reducing costs and maximizing profits by using inexpensive packaging processes and lower-cost labor instead of machines.

Marketplace Farms Is a Regional Cooperative of Apple and Peach