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NEW QUESTION: 1
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Answer: B
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B. High operating profit margin and low asset turnover
C. Low operating profit margin and high asset turnover
Answer: C
Explanation:
A company that has a low-cost strategy generally tries to underprice competitors, resulting in a low margin. However, these companies attempt to make up for the low margin with a high volume of sales, which results in a high asset turnover.
NEW QUESTION: 3
A. Option C
B. Option D
C. Option A
D. Option B
Answer: D
Explanation:
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