Why is Low Cost Leadership(becoming the most efficient producer in your market)the wrong goal?

a.Because the correct goal is to maximize the difference between your efficiency and the efficiency of the least efficient producer (regardless of achieving any leadership).This always improves your profitability.

b.Low cost leadership does not always result in improved performance; cost leadership may be achieved by reducing the magnitude of the difference in efficiency between yourself and the least efficient producer, and in this situation your performance would decline.

c.Because in a market with multiple producers, more than one competitor can be charging a very low price.

d.A and B.

e.None of the above (Low Cost Leadership is always the goal).