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qid 628 · business
Question: An organization can offer standard products at acceptable levels of quality, yet still generate above-average profit margin by adopting _____________
- Differentiation.
- Cost leadership.
- Focus strategy.
- Branding strategy.
- Growth strategy.
- Market penetration strategy.
- Diversification strategy.
- Market development strategy.
- Product development strategy.
- Market follower strategy.
Our answer: B. Cost leadership. Source quote machine-checked (strict)
How it was answered
Stored formula / worked method, replayed by code
Current source
Wikipedia, "Cost leadership"
https://en.wikipedia.org/wiki/Cost_leadership
Source quote machine-checked (strict)
Earlier version (superseded)
No public source has been found for this card yet (4 places checked internally).
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