Final answer:
The main strategy being described is the cost leadership strategy with a focus on product lifecycle.
Step-by-step explanation:
The main strategy being described is the cost leadership strategy with a focus on product lifecycle.
A cost leader is a business that aims to provide products or services at a lower cost than its competitors. By achieving cost leadership, the business can gain a competitive advantage, attract more customers, and potentially increase market share.
A product lifecycle focus means that the business is also considering the different stages of a product's life, including introduction, growth, maturity, and decline. The company may adjust its strategies, pricing, marketing, and production efforts based on the specific stage of the product's lifecycle.