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When a car rental company chooses to offer inexpensive rental prices to its customers by renting base model, older cars, it is pursuing a cost leader competitive strategy
<u>Explanation:</u>
Cost Leadership is the tool of building ambitious support by having the cheapest value of service in the enterprise. This approach is particularly profitable in a business where the cost is an imperative portion.The main purpose of a firm striving to achieve cost leadership is to enhance the cheapest cost yielder in contrast to the opponents.
Cost Leadership is the mechanism of building a competing benefit by having the cheapest cost of operation in the industry. This approach is particularly profitable in a market where the price is an important factor. The primary purpose of a firm aiming to attain cost leadership is to become the lowest-cost producer in comparison to the competitors. So here they are applying cost leader strategy to compete with the competitors.
Answer:
If I was the minister of government of Nepal then:
1. I would try to focus on education sector than the other.
2. I would make the transportation facility good all over the country.
3. As our country is dependent on other countries for its necessities ( India, China, etc )
I would make people aware and help the people of Nepal to be independent.
In this way you can write more by yourself. I am in middle school so I don't know many things. If It didn't help I am sry But I tried