A low$-$cost strategy would work best for which of these companies?

Multiple Choice

Rolex, because it can command a high price premium for its high fashion designs

Vanguard, because the products of rival fund managers are essentially identical and are readily available from several sellers

Clin$$cas del Az$$car$,$ because it is able to use technology to lower its costs significantly by limiting its customer base to a well$-$defined buyer segment

Canada Goose, because using small$-$scale production or custom$-$made products, it focuses on product features and attributes that appeal specifically to niche members

Caterpillar, because it possesses the capability to incorporate attractive or upscale attributes at a lower cost than rivals