Four Rollers Corp., an automobile company, benefits by spending less than its competitors on labour, operations, promotions, and features offered. This enables the firm to charge relatively lower prices on its goods from its customers. Which of the following is a competitive advantage of the firm?

Question

Quizplus · Accepted Answer

The company's ability to spend less on various aspects and offer lower prices is a clear indication that it has a cost advantage over its competitors. Option B best describes this advantage.