Which type of strategy emphasizes low overhead and inventory,and a limited assortment of products to attract customers?
A) Flexibility
B) Quality
C) Low-cost
D) Dependability
E) Consistency

Question

Quizplus · Accepted Answer

The strategy that emphasizes low overhead and inventory, and a limited assortment of products to attract customers is known as a low-cost strategy. This strategy aims to offer products or services at a lower price point than competitors, which can attract price-sensitive customers. To do this, the company must keep overhead costs low and limit the range of products or services offered to reduce inventory and production costs.

Which Type of Strategy Emphasizes Low Overhead and Inventory,and a Limited