A strategy to be the industry's overall low$-$cost provider tends to be more appealing than a differentiation or best$-$cost or focus$/$market niche strategy when

Select one:

A$.$

the offerings of rival firms are essentially identical, standardized, commodity$-$like products.

B$.$

buyers use the product in a variety of different ways and have high switching costs in changing from one seller's product to another.

C$.$

the market is composed of many distinct segments with varying buyer needs and expectations.

D$.$

there are many ways to achieve product differentiation that buyers find appealing.

E$.$

entry barriers are high and competition from substitutes is relatively weak.