Which of the following strategies helps an organization to obtain customers by making decisions that allow it to produce goods or services more cheaply than its competitors?
A) Disintermediation strategy
B) Low-cost strategy
C) Centralization strategy
D) Differentiation strategy

Question

Quizplus · Accepted Answer

A low-cost strategy is a way of obtaining customers by making decisions that allow an organization to produce goods or services more cheaply than its competitors so it can charge lower prices than they do.

Which of the Following Strategies Helps an Organization to Obtain