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If a company is pursuing a low-cost strategy, it is important that employees only perform duties specified in their job description. Group of answer choices True False

User Kemakino
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Answer:

False.

Step-by-step explanation:

Business strategy sets the overall direction for the business; it focuses on defining how a business would achieve its goals, objectives, and mission; as well as the funds and material resources required to implement or execute the business plan.

A low-cost strategy can be defined as a strategic pricing plan adopted by a business firm or organisation in order to make the price of their goods and services cheaper to enhance demand and increase their competitiveness i.e market share.

If a company is pursuing a low-cost strategy, it does not mean that it is important that employees only perform duties specified in their job description.

User Kevin Hendricks
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