Relative to the five-forces model,a low-cost strategy is beneficial when:
A) Competition is based on product features, suppliers may increase costs, and buyers have bargaining power.
B) Competition is based on product features, suppliers have very limited power, and buyers have bargaining power.
C) Price competition is vigorous, suppliers may increase costs, and buyers have bargaining power.
D) Price competition is vigorous, suppliers have very limited power, and buyers have bargaining power.
Correct Answer:
Verified
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