The business-level strategy that implies a broad market approach where the company rigorously reduces costs and expenses is called a(n) ________ strategy.

Name: The business-level strategy that implies a broad market approach where the company rigorously reduces costs and expenses is called a(n) ________ strategy.
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Question

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A low-cost strategy focuses on minimizing costs and expenses to offer products or services at a lower price than competitors, targeting a broad market.

The Business-Level Strategy That Implies a Broad Market Approach Where