_______________________: Build competitive advantage by being efficient, offering standard, no-frills product

Fill in the blank(s) with the appropriate word(s).

Answer: Low-cost strategy

Business

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Which force is most likely to influence the rules of the society in which the technological advance takes place?

a. economic b. competitive c. political d. social

Business

A company makes a decision to expand only by developing new stores internally. The company

can best be described as using which of the following? A) the economic logic of customization B) the differentiator of alliances C) the vehicle of acquisition D) the vehicle of organic growth

Business