Answer the following questions using the information below:
Barrier Reef Corporation manufactures jet skis.It plans to grow by producing high-quality jet skis at a low cost that are delivered in a timely manner.There are a number of other manufacturers who produce similar jet skis.Barrier Reef believes that continuously improving its manufacturing processes and having satisfied employees are critical to implementing its strategy.
-Barrier Reef's strategy is:

Question

Quizplus · Accepted Answer

Barrier Reef Corporation's strategy of producing high-quality jet skis at a low cost to grow in a competitive market aligns with the cost leadership strategy. This approach focuses on becoming the lowest cost producer in the industry to gain a competitive advantage.

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