Question Details

A low-cost strategy is based on an organization- ability 




TRUE/FALSE
1.	The low-cost strategy is aimed at selling a standardized product that appeals to the "average" customer in a broad market.

	

	2.	A focused strategy is based on an organization's ability to provide a product or service at a lower cost than its rivals.


	3.	A low-cost strategy is based on an organization- ability to provide a product or service at a lower cost than its rivals.


	4.	A risk of the low-cost strategy is getting “locked in” to a technology and organization design that is expensive to change.

	

	5.	The low-cost strategy is based on locating and taking advantage of opportunities for an organization to seek cost-based advantages in all of its activities (e.g., purchasing, manufacturing, distribution).





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