If a retailer uses price as their main differential advantage, this requires vigilant _______ control and massive buying power.
A)competitor
B)cost
C)company
D)employee

Question

Quizplus · Accepted Answer

Using price as the main differential advantage requires keeping costs as low as possible, so controlling and managing costs is critical. Buying power is also essential to negotiate lower costs from suppliers to keep prices competitive. Therefore, option B (Cost) is the best choice for this question.

If a Retailer Uses Price as Their Main Differential Advantage