Question

A company that produces a new​ low-cost product based on improved decision making has likely achieved​ a(n) ________.

A.
strategic business objective
B.
business expense
C.
database
D.
absolute advantage
E.
business ownership

Answer 1

A company that produces a new low-cost product based on improved decision making has likely achieved a strategic business objective.

Step-by-step explanation:

A company that produces a new low-cost product based on improved decision making has likely achieved a(n) strategic business objective.

When a company focuses on improving decision making to produce a low-cost product, it indicates a strategic approach to achieve its goals. By making effective decisions, the company can reduce production costs and offer the product at a lower price to consumers, which can lead to increased market share and profits.

For example, if a company uses advanced technology and data analysis to optimize its manufacturing process and reduce costs, it can produce a low-cost product while maintaining high quality. This strategic approach helps the company gain a competitive advantage and achieve its business objectives.