17 What is the term for an organizations ability to achieve

17) What is the term for an organization\'s ability to achieve lower costs relative to competitors through productivity and efficieney improvements, elimination of waste, and tight cost control? A) Marketing strategy B) Product differentiation C) Cost leadership D) Competitor differentiation n that is using the produet differentiation approach would mot likly to nromotional campaign nn of saving its customers money

Solution

The Answer is \"C\"

C. Cost Leadership

The Cost Leadership is the term for an organization\'s ability to achieve lower costs relative to competitors through

productivity and efficiency improvements, elimination of waste and tight cost control