Which generic business-level strategy is based on the intent to outperform competitors by doing everything it can to lower its cost structure?
A) Focused differentiation
B) Differentiation
C) Broad differentiation
D) Cost leadership
E) None of these

Question

Quizplus · Accepted Answer

Cost leadership strategy is based on the intent to outperform competitors by doing everything it can to lower its cost structure. This involves achieving economies of scale, having efficient operations, and managing the supply chain effectively.

Which Generic Business-Level Strategy Is Based on the Intent to Outperform