__________ is (are) associated with a cost leadership strategy.
A) Utilizing facilities or equipment that yield high economies of scale
B) Constantly striving to reduce per unit overhead, manufacturing, marketing, and follow-up service costs
C) Minimizing labor-intensive personal services and sales forces
D) All of the above

Question

Quizplus · Accepted Answer

A cost leadership strategy involves reducing costs in all areas of the business, including achieving high economies of scale, reducing overhead and manufacturing costs, and minimizing labor-intensive services, to offer products or services at the lowest price to consumers.

__________ Is (Are) Associated with a Cost Leadership Strategy