The Stonehedge Bayonet Company aims at a market of hunters, and they try to keep prices lower than competition. Stonehedge is pursuing a ________ strategy.

Name: The Stonehedge Bayonet Company aims at a market of hunters, and they try to keep prices lower than competition. Stonehedge is pursuing a ________ strategy.
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Question

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Companies pursuing a focused low-cost strategy serve one or a few segments of the overall market and aim to make their organization the lowest-cost company serving that segment.

The Stonehedge Bayonet Company Aims at a Market of Hunters