The use of scale,financial might,or the use of a low-cost position to win market access and share refers to _____.
A) cross-subsidization
B) cost inefficiencies
C) standardization
D) hard power

Question

Quizplus · Accepted Answer

The use of scale, financial might, or a low-cost position to win market access and share refers to "hard power" in business strategy. This term is commonly used to describe the use of resources and economic leverage to gain a competitive advantage over rivals.

The Use of Scale,financial Might,or the Use of a Low-Cost