In which of the following circumstances is a strategy to be the industry's overall low-cost provider not particularly well matched to the market situation?
A) when the offerings of rival firms are essentially identical,standardized,commodity-like products
B) when there are few ways to achieve differentiation that have value to buyers
C) when price competition is especially vigorous
D) when buyers have widely varying needs and special requirements,and when the costs of switching purchases from one seller to another are relatively high
E) when industry newcomers use introductory prices to build a customer base

Question

Quizplus · Accepted Answer

A low-cost provider strategy does not work well when buyers have varying needs and special requirements,raising the costs of switching from one seller to another.

In Which of the Following Circumstances Is a Strategy to Be