​Low cost strategies are usually found in industries where

A) ​Products are not particularly differentiated
B) Price competition tends to be fierce
C) Both a and b
D) ​None of the above

Low Cost Strategies

Refers to business approaches aimed at achieving a competitive edge by minimizing operational costs.

Price Competition

A market condition wherein businesses attempt to attract customers by lowering the price of their goods or services compared to competitors.

Differentiated Products

Goods or services that are distinguished from similar offerings by unique characteristics, brand, quality, or features.