The risks of a low-cost strategy do NOT include:
A)too narrow a focus on profit margins
B)too narrow a focus on cost control
C)cost leadership is not sustained
D)focus strategy is able to offer even lower costs

Question

Quizplus · Accepted Answer

A low-cost strategy primarily focuses on maintaining low operational costs to offer products or services at a lower price than competitors. The risk of having too narrow a focus on profit margins is not associated with a low-cost strategy; instead, this strategy inherently involves a broad focus on minimizing costs to maintain competitive pricing, rather than narrowly focusing on profit margins.

The Risks of a Low-Cost Strategy Do NOT Include