Answer Happy

A low-cost advantage over rivals can be achieved by Copyright © by Glo-Bus Software, Inc. Copying, distributing, or 3rd party website posting isexpressly prohibited and constitutes copyright violation O paying the lowest wages and salaries in the industry so as to keep labor costs per unit sold low and keeping advertising and other marketing expenses to a bare minimum. O offering a limited number of models and styles, keeping R&D expenses to a minimum, avoiding debt (so as to minimize interest costs), spending minimally on advertising and promotion activities, and developing state-of-the-art cost drivers. concentrating on efficient performance of primary value chain activities and outsourcing all support activities. O offering a frills-free product and achieving the lowest possible costs per unit sold. O performing value chain activities more cost-effectively than rivals and revamping the firm's overall value chain to eliminate or bypass some cost-producing activities.