Some companies that opt for the cost leadership strategy plan to sell products below the average industry prices in order to capture market share.

Name: Some companies that opt for the cost leadership strategy plan to sell products below the average industry prices in order to capture market share.
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Quizplus · Accepted Answer

This is true. Companies that use cost leadership strategy aim to offer products at a lower cost than their competitors to attract price-sensitive customers and gain market share.

Some Companies That Opt for the Cost Leadership Strategy Plan