A Competitive Strategy to Be the Low-Cost Provider in an Industry

Multiple Choice

A competitive strategy to be the low-cost provider in an industry works well when

A) price competition among rival sellers is especially vigorous.
B) commodity-based product prevails and minimal differentiation exists.
C) buyers incur low costs in switching their purchases from one seller/brand to another.
D) industry newcomers use low introductory prices to attract buyers and build a customer base.
E) All of these.