Multiple Choice
According to the five forces model, which of the following is viewed as a major risk to a business pursuing a cost-leadership strategy?
A) competition switching from non-price attributes to pricing
B) innovation that allows competitors to emerge with more economical replacements
C) new entrants with small production scale
D) suppliers requesting a 2% price increase across the industry
Correct Answer:

Verified
Correct Answer:
Verified
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