Asked by LeeAnn Tiffany on May 12, 2024
Verified
Businesses strive to produce products and services at the lowest cost in the industry when they have a ___ strategy.
Lowest Cost
The most economical price at which a good or service can be purchased or produced, often pursued as a competitive strategy in business.
- Identify different business strategies such as cost leadership and innovation.
Verified Answer
CW
Learning Objectives
- Identify different business strategies such as cost leadership and innovation.
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