chriscol9113 chriscol9113

01-10-2019
Social Studies

contestada

Firms must be able to produce products at competitive costs to reduce upward pressure on the price that customers pay in products produced at noncompetitive cost the price for the product may exceed what the firm's target customers are willing to pay. Which strategy does this statement pertain to?

Respuesta :

sandlee09 sandlee09

05-10-2019

Answer:

Differentiation Strategy

Explanation:

According to my research on different business strategies, I can say that based on the information provided within the question this statement most likely pertains to the Differentiation Strategy. This is a business approach that focuses on developing a unique product or service in a was that customers find better than their competitors products. While at the same time pricing the product or service competitively.

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