A business with a cost strategy will add cost to an activity only as long as the activity has a positive margin.

Name: A business with a cost strategy will add cost to an activity only as long as the activity has a positive margin.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

A business with a cost strategy focuses on reducing costs as much as possible, even if it may result in a negative margin for some activities. The goal is to maintain an overall lower cost structure than competitors.

A Business with a Cost Strategy Will Add Cost to an Activity