Question: Vanguard has achieved a low - cost advantage over its rivals in the investment management industry through which of the following? Multiple Choice offering large

Vanguard has achieved a low-cost advantage over its rivals in the investment management industry through which of the following?
Multiple Choice
offering large promotional discounts
underpricing rivals to attract price-sensitive buyers
charging a price roughly equal to those of lower-priced rivals
refraining from using price cuts to steal sales way from rivals and avoid price wars
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Vanguard has achieved a low-cost advantage over its rivals in the

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