A company's core cost advantages translate directly to an edge over its competitors based on much more flexibility in its ________ as well as its ability to translate some of the cost savings to the bottom line.
A) pricing strategies
B) cost leadership
C) value ratio
D) service
E) quality

Question

Quizplus · Accepted Answer

A company with core cost advantages can adjust its pricing strategies more flexibly than competitors, allowing it to potentially offer lower prices or achieve higher margins.

A Company's Core Cost Advantages Translate Directly to an Edge