Which of the following strategies is also called establishing high switching costs?
A)reducing costs
B)locking in suppliers
C)increasing production
D)locking in customers

Question

Quizplus · Accepted Answer

Locking in customers is the strategy also known as establishing high switching costs. This means making it difficult or expensive for customers to switch to another product or service, which can make them more loyal and less likely to switch to competitors.

Which of the Following Strategies Is Also Called Establishing High