Low cost strategies are usually found in industries where
A)Products are not particularly differentiated
B)Price competition tends to be fierce
C)Both a and b
D)None of the above

Question

​Low cost strategies are usually found in industries where
A)​Products are not particularly differentiated
B)Price competition tends to be fierce
C)Both a and b
D)​None of the above

Quizplus · Accepted Answer

Low cost strategies are typically employed in industries where products are not highly differentiated, which leads to increased price competition. Therefore, both options A and B are correct.

​Low Cost Strategies Are Usually Found in Industries Where

Low Cost Strategies Are Usually Found in Industries Where