A company that already has a low-cost structure must relinquish much differentiation in its product offering to achieve additional cost reductions.

Name: A company that already has a low-cost structure must relinquish much differentiation in its product offering to achieve additional cost reductions.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

This is because low-cost structures usually involve minimizing expenses and maximizing efficiency, which can limit the resources available for investing in product differentiation.

A Company That Already Has a Low-Cost Structure Must Relinquish