Pressures for cost reduction are intense in industries where
A) major competitors are based in high-cost locations.
B) consumers are weak and face high switching costs.
C) there is persistent excess capacity.
D) the company is located in a low-cost location.

Question

Quizplus · Accepted Answer

Pressures for cost reductions are intense in industries where major competitors are based in low-cost locations, where there is persistent excess capacity, and where consumers are powerful and face low switching costs.

Pressures for Cost Reduction Are Intense in Industries Where