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Tangles Costume Jewelry offers slightly lower quality merchandise than competitors at a much lower price. What strategy is Tangles using?

User Renno
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1 Answer

3 votes

Answer:

B. cost-leadership

Step-by-step explanation:

These are the options for the question;

A. niche marketing

B. cost-leadership

C. differentiation

D. product diversification

From the question, we are informed about how Tangles Costume Jewelry offers slightly lower quality merchandise than competitors at a much lower price.

In this case the strategy that Tangles used was cost-leadership. In business,

cost-leadership is a strategy used by manufacturers so that they can have cheap manufacturing process when producing their goods/service compare to their competitors. It is a strategy by the producer of comondities to have the lowest cost of operation in compitition. It is usually devices by big corporation, the company efficiency , scale also play a role in acheiving this

User Ckg
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