Cost competitiveness means that you
A) Sacrifice quality to keep costs low.
B) Carefully monitor costs mainly during the start-up phase of the 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 means keeping costs low enough so that the company can realize profits and price its products (goods or services) at levels that are attractive to consumers.

Cost Competitiveness Means That You