Which of the following strategies helps companies with high cost structures, allowing them to survive without having to implement strategies to become more productive and efficient?
A) Price signaling
B) Nonprice competition
C) Capacity control
D) Market development
E) Price leadership

Question

Quizplus · Accepted Answer

Price leadership allows companies with high cost structures to survive by setting prices that other competitors follow, reducing the need for aggressive cost-cutting measures.

Which of the Following Strategies Helps Companies with High Cost