Answer Happy

Which of the following is not one of the pitfalls of a
low-cost provider strategy?
Getting carried away with overly aggressive price cutting to win
sales and market share away from rivals
Failing to recognize the risks that an innovative rival may
discover an even lower lower-cost value chain approach or that the
firm's cost advantage can be undermined by cost-saving
technological breakthroughs
Being greedy and trying to charge too high a price
Becoming too fixated on cost reduction
Relying on cost reduction approaches that can be easily copied
by rivals