Different companies across different industries adopt any one of the five generic strategies to gain competitive advantage.
Which of the following businesses is most likely to use a low-cost provider strategy?
a. A fashion clothing line uses sought-after designers and natural fabrics.
b. A mortgage company specializes in lending money for second homes.
c. An online retailer delivers organic groceries overnight.
d. A baby products retailer sells unassembled baby furniture produced in China.
e. A dairy products manufacturer uses exotic substitutes to produce lactose-free dairy products.
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Home » Business » Different companies across different industries adopt any one of the five generic strategies to gain competitive advantage. Which of the following businesses is most likely to use a low-cost provider strategy? a.