menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    Strategic Management
  4. Exam
    Exam 5: Business-level Strategy: Creating and Sustaining Competitive Advantages
  5. Question
    A Business That Strives for a Low-Cost Advantage Must Attain
Solved

A Business That Strives for a Low-Cost Advantage Must Attain

Question 69

Question 69

Multiple Choice

A business that strives for a low-cost advantage must attain a(n) ________ cost advantage over rivals.


A) relative
B) evolutionary
C) absolute
D) potential

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q64: A differentiation strategy enables a business to

Q65: Aldi,a discount supermarket retailer,has grown from its

Q66: Factors that lead to a low-cost position

Q67: A market that mainly competes on the

Q68: The text discusses three approaches to combining

Q70: In the _ stage of the industry

Q71: Which type of competitive strategy is characterized

Q72: At one CVS drugstore,a four-pack of Energizer

Q73: In the _ stage of the industry

Q74: Zulily,an online retailer,competes with Amazon and other

Examlex

ExamLex

About UsContact UsPerks CenterHomeschoolingTest Prep

Work With Us

Campus RepresentativeInfluencers

Links

FaqPricingChrome Extension

Download The App

Get App StoreGet Google Play

Policies

Privacy PolicyTerms of ServiceHonor CodeCommunity Guidelines

Scan To Download

qr-code

Copyright © (2025) ExamLex LLC.

Privacy PolicyTerms Of ServiceHonor CodeCommunity Guidelines