Low-cost leaders who have the lowest industry costs are likely to

Multiple Choice

pursue backward or forward integration to detour suppliers or buyers with considerable bargaining power and leverage.

move the performance of most all value chain activities to low-wage countries.

sell direct to users of their product or service and eliminate use of wholesale and retail intermediaries.

have out-managed rivals in finding ways to perform value chain activities more cost-effectively.

be considering exiting the current product market and using their competitive low-cost strength to gain a competitive advantage in other product arenas.