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 typically does not work 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 or brand to another.
D) industry newcomers use low introductory prices to attract buyers and build a customer base.
E) emergent strategies are required to respond to changes in competitor power.