Question

A brand like Home-Depot that is famous for offering home improvement products at a lower cost compared to its competitors is an example of which of the following competitive advantage strategies?

Group of answer choices
Cost Leadership
Cost Focus
Differentiation
Differentiation Focus

Answer 1

Cost Focus

Step-by-step explanation:

The difference between the two brands is the price of the product. And the lower cost one is more attractive to the customer. Therefore the competitive advantage strategy used is cost focus. Hope this helped!