The Options for Remedying a Supplier-Related Cost Disadvantage Include

Multiple Choice

The options for remedying a supplier-related cost disadvantage include

A) pressuring suppliers for more favorable prices, switching to lower-priced substitute inputs, and collaborating closely to identify mutual cost-saving opportunities.
B) instituting forward vertical integration.
C) shifting into the production of substitute products.
D) shifting from a low-cost leadership strategy to a differentiation or focus strategy.
E) cutting selling prices and trying to win a bigger market share.