Which of the following strategies helps companies with high cost strnctures, allowing them to survive without having to implement strategies to become more productive and efficient?
A)Price signaling
B)Nonprice competition
C)Capacity control
D)Market development
E)Price leadership

Question

Which of the following strategies helps companies with high cost strnctures, allowing them to survive without having to implement strategies to become more productive and efficient?
A)Price signaling
B)Nonprice competition
C)Capacity control
D)Market development 
E)Price leadership

Quizplus · Accepted Answer

Price leadership allows a company with a high-cost structure to set prices that other companies in the industry follow, helping it survive without necessarily becoming more productive or efficient.

Which of the Following Strategies Helps Companies with High Cost