Final answer:
A low-cost leader's basis for competitive advantage is meaningfully lower overall costs than rivals on comparable products. Option D
Step-by-step explanation:
A low-cost leader's basis for competitive advantage is meaningfully lower overall costs than rivals on comparable products. By reducing manufacturing and operational expenses, a low-cost leader can offer lower prices to customers, which can attract a larger market share.
This strategy helps the low-cost leader achieve a competitive advantage by appealing to price-sensitive customers who prioritize affordability. One example of a low-cost leader is Amazon, which has established a production model and cost structure that allows them to undercut competitor prices even when factoring in the cost of shipping. Option D