Under which of the following conditions will a low-cost provider strategy likely work?
a. when there are few ways to achieve product differentiation
b. when buyers can switch between sellers at low cost
c. when products of rival sellers are readily available and essentially identical
d. when price competition is particularly low
Answer:
a. when there are few ways to achieve product differentiatio
b. when buyers can switch between sellers at low cost
c. when products of rival sellers are readily available and essentially identical
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