aliensbrain
  • Home
  • Study
  • Quizzes
  • 🎤AI Practicefree
  • Notebooks
  • Community
  • Sign in
  • Operations Business Studies Online Quiz
  • What competitive advantage relates to costs?
Multiple choice

What competitive advantage relates to costs?

  1. Expense minimisation

  2. Cost Leadership

  3. Innovation

  4. Economies of scale

Reveal answer Fill a bubble to check yourself
B Correct answer
Explanation

Cost Leadership is a competitive strategy where a business aims to become the lowest-cost producer in its industry.

Keep practicing — related questions

  • Directions: Choose the best option to fill in the blanks. Only with executive ________ can the organisation...
  • The competitive advantages of a properly implemented CSR are
  • P : Foreign key cannot have a null value. Q : Primary key and foreign key can exist in same relation. R : F...
  • Adrenal gland is related to kidney whereas Pituitary gland is related to
  • Which of the following cost components in query execution is the cost of performing in-memory operations on...
  • The __________ terminology in relational data model is defined as a set of allowed values for one or more a...
  • Which of the following operations in DBMS is used to retrieve a combination of tuples in two relations base...
  • The cost also known as inventoriable cost is
Play the full quiz 🎤 Practise this topic out loud

Practice this topic

  • Entrepreneurship and Innovation (993 questions)
Advertisement
© Aliensbrain | all rights reserved
  • About
  • Contact
  • Terms and Condition
  • Privacy Policy