If a business adopts a low-cost strategy, it should build a supply chain with ________.
A) product development skills
B) modular design in products
C) fast transportation
D) buffer stock
E) minimized inventory

Question

Quizplus · Accepted Answer

A low-cost strategy benefits from minimized inventory to reduce holding costs, which directly contributes to keeping overall costs low.

If a Business Adopts a Low-Cost Strategy, It Should Build