Which of the following is an example of a best-cost provider strategy?
A) Different car manufacturers compete in the tiny super car category with prices starting at $150,000 and running as high as $600,000.
B) Aerodoungle's Eridla brand is considered a luxury car. Some of Eridla's models like the ES model, however, are in the midrange of prices for cars.
C) Global furniture retailer Rusicwood provides customers with affordable solutions for better living by offering home furnishings that combine good design, function, and quality with low prices.
D) Wild Hog builds motorcycles that target only the high end of the heavyweight market-the high-end premium cruiser market-with names such as Wolf, Mastiff, and Bulldog.
E) Streetsuit's everyday low prices (EDLP) strategy hinges upon its ability to obtain consumer goods at the cheapest possible price and pass these savings on to consumers.
C
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The margin of safety ratio is
a. expected sales divided by break-even sales. b. expected sales less break-even sales. c. margin of safety in dollars divided by expected sales. d. margin of safety in dollars divided by break-even sales.
_______ are revocable unless designated as irrevocable and coupled w/ an interest.
Fill in the blank(s) with the appropriate word(s).