Cost competitiveness means that you
A)sacrifice quality to keep costs low.
B)carefully monitor costs mainly during the start-up of business.
C)price your product or service at a level attractive to consumers.
D)manage your costs by being effective.
E)offer a high quality product at a higher price.

Question

Quizplus · Accepted Answer

Cost competitiveness involves pricing your product or service at a level that is attractive to consumers, ensuring that it is competitive in the market while maintaining profitability.

Cost Competitiveness Means That You