A ________ refers to a competitive strategy in which firms attempt to achieve lower business process costs.
A) strategy of cost competition
B) scope strategy
C) customer intimacy strategy
D) focus/market niche strategy

Question

Quizplus · Accepted Answer

The strategy described refers to the strategy of cost competition, which involves trying to achieve lower business process costs than competitors.

A ________ Refers to a Competitive Strategy in Which Firms