Question

A production-based emphasis toward a low-cost provider strategy usually requires a company to strive for Select one: a. product superiority. b. whatever differentiating features buyers are willing to pay for. c. appealing features and better quality at lower costs than rivals. d. continuous cost reductions without sacrificing acceptable quality and essential features e. small-scale production or custom-made products that match the tastes and requirements of niche members.

Answer 1

Answer: continuous cost reductions without sacrificing acceptable quality and essential features

Explanation:

A production aimed at providing products at a low cost would target to make price of products manufactured to be relatively low while not losing acceptable quality and key features in products. The low cost of products would attract buyers and the maintained quality would ensure that buyers would continue to purchase that product.