Which of the following is not commonly thought of as a cost driver in a low cost strategy?

Question $1$ options:

economies of scope

supply chain activities

capacity utilization

bargaining power

Question $2(1$ point$)$

Which of the following is a risk for a firm pursuing a best cost strategy.

Question $2$ options:

When the products of the low cost producers have strong brand appeal.

When low cost producers can easily add features without increasing costs.

When there is a focused differentiated product in an adjacent market segment.

When high end differentiators can easily produce a lower priced product that duplicates the advantages of the best cost strategists' product.

Question $3(1$ point$)$

What market characteristics are likely to make a low cost strategy most effective.

Question $3$ options:

When branding is well established.

When a new technology displaces a product in an adjacent market.

When there are identical products from many producers.

When profit margins are low.

$0$ of $3$ questions saved