A company using a low-cost strategy is least likely to embrace an asset-based philosophy.

Question

Quizplus · Accepted Answer

A low-cost strategy emphasizes reducing costs wherever possible, including minimizing fixed assets. An asset-based philosophy, on the other hand, focuses on investing in and acquiring assets to generate long-term value. Therefore, a company using a low-cost strategy is less likely to embrace an asset-based philosophy, but it is not impossible.

A Company Using a Low-Cost Strategy Is Least Likely to Embrace