The generic strategy in which an organization's advantage comes from being able to sell products at lower prices than its competitors is referred to as a low cost strategy.
<h3>What is low cost strategy?</h3>
Low-cost strategy is a pricing strategy characterized by low prices of goods and services using various saving methods. In a low cost strategy, the true winner is the company with the actual lowest cost in the market place.
The company here reduces real costs, which contributes to more customers and thus increases its sales.
Hence, the generic strategy in which an organization's advantage comes from being able to sell products at lower prices than its competitors is referred to as a low cost strategy.
Learn more about low cost strategy here : brainly.com/question/27124956
The cant Understand It sorry
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Answer:
Bodily's income tax payable for 2016 would be 54000
Explanation:
Tax for the year 2016 = 300000*30% i.e 90000
Loss set off = 120000
Tax saving on loss set off = 120000*0.30 i.e 36000
Net tax expense for the year 2016 = 90000-36000
i.e 54000
A.limited supply hope that helps