Question: Your text outlines five basic competitive strategies that a business can use to counter the threats of competetive forces that shape the structure of competition

Your text outlines five basic competitive strategies that a business can use to counter the threats of competetive forces that shape the structure of competition in its industry. Becoming a low-cost produce of products and services in an industry is an example of a(n): a. cost leadership startegy, b. innovation startegy, c. differentation strategy, d. growth startegy

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