Large companies that are able to take advantage of economies of scale in production or distribution often attempt to use which business strategy?

Question

Quizplus · Accepted Answer

Companies that succeed with a low-cost strategy often are large and try to take advantage of economies of scale in production or distribution. In many cases, their scale allows them to buy and sell their goods and services at a lower price, which leads to higher market share, volume, and ultimately profits.

Large Companies That Are Able to Take Advantage of Economies