Question: High volume, low margin refers to when a company is able to sell a large number of products though at relatively little profit per sale.

"High volume, low margin" refers to when a company is able to sell a large number of products though at relatively little profit per sale.
This is generally characteristic of which kind of strategy?
Group of answer choices
Low Cost Leadership
Focus Strategy
Differentiation

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related General Management Questions!