One of the disadvantages of a Best cost strategy is that …….
A.
Competitors do sometimes have the ability to find ways to produce at lower cost and beat the organisation at its own game.
B.
Organisations are at a disadvantage because they buy inputs in small volumes and therefore suppliers have bargaining power.
C.
The first-mover advantage lasts only so long as the overall quality of products and services made by all organisations increases , brand loyalty declines.
D.
The high cost associated with research and development and innovation can reduce the profitability of the organisation.
E.
Organisations may miscalculate the real source of revenue and the needs of customers within the industry and fail to achieve the expected profitability and profit growth.