Low cost, Differentiation and Focus are examples of
A. Corporate strategies
B. Operational strategies
C. Business strategies
D. Functional strategies
Answer: Option C
Solution (By Examveda Team)
Low cost, Differentiation and Focus are examples of Business strategies. A low-cost provider seeks to sell its products at the lowest price it can, while still making a profit so that it can draw customers to the market. This is the broad version of the low-cost strategy because such companies try to appeal to a broad market.This Question Belongs to Management >> Strategic Management
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