Managers pursuing the ____ strategy have an overriding concern for keeping costs and prices lower than those of competitors.

A) differentiation
B) economies of scale
C) economies of scope
D) cost focus
E) cost leadership

Overriding Concern

A primary or dominant issue that takes precedence over other considerations in decision-making or strategy.

Cost Leadership

Cost leadership is a business strategy that focuses on achieving the lowest operational costs within an industry to offer goods or services at a lower price than competitors.