Multiple Choice
Which of the following is not one of the pitfalls of a low-cost provider strategy?
A) Overly aggressive price cutting
B) Using a cost-based advantage to improve the company's bargaining position with high-volume buyers
C) Relying on an approach to reducing costs that can be easily copied by rivals
D) Cutting prices more than the size of a company's cost advantage
E) Becoming too fixated on cost reductions so that the company's products are too features-poor
Correct Answer:
Verified
Correct Answer:
Verified
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