In the early 1900s, Henry Ford revolutionized the automobile industry by developing production lines and mass producing the Ford Model T automobile. By reducing production costs, Henry Ford, Ford made the Model T quite affordable for the average American family. What business strategy did Henry Ford use to gain a competitive advantage in the automobile market?

In the early 1900s, Henry Ford revolutionized the automobile industry by developing production lines and mass producing the Ford Model T automobile. By reducing production costs, Henry Ford, Ford made the Model T quite affordable for the average American family. What business strategy did Henry Ford use to gain a competitive advantage in the automobile market?

In the early 1900s, Henry Ford revolutionized the automobile industry by developing production lines and mass producing the Ford Model T automobile. By reducing production costs, Henry Ford, Ford made the Model T quite affordable for the average American family. What business strategy did Henry Ford use to gain a competitive advantage in the automobile market?



A.

Ford used a differentiation strategy.


B.

Ford used a cost focus strategy.


C.

Ford used a differentiation focus strategy.


D.

Ford used a cost leadership strategy.



Answer: D


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