maybaby491 maybaby491

27-06-2022
Business

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When a drone manufacturer decides to shift from producing and selling high-quality, high-end drones to producing drones at the lowest possible cost, it is changing its __________.

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Parrain Parrain

28-06-2022

Such a switch from selling high quality drones to making drones at the lowest cost is a change in competitive strategy.

What is competitive strategy?

This refers to the pricing method that a company uses to gain an edge in the market over its competitors.

Some companies decide to charge high prices but produce high quality goods while other companies produce cheaper goods at the lowest cost.

Find out more on competitive strategy at https://brainly.com/question/14030554.

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