Foxtrot Processing Corp. uses a new technology that allows it to produce standard goods in an economical way. In contrast, its competitors strive for uniqueness and use technologies that offer unique products for which customers are willing to pay a premium price. In this case, Foxtrot Processing has an advantage over its competitors because it has adopted a strategy.

Low cost strategy

Explanation:

Low cost strategy is a type of price strategy used by a company in increasing their market share by offering a product that is similar to that being offered by other companies in the same market niche, but at a lower price. This is done by effectively lowering costs in the production process, while maintaining standards that meet consumer demands.

Customers in the market would willingly opt for a similar product of good standard that is offered at a lower price when compared with others that has a higher price tag.

Foxtrot Processing Corp. can be said to have adopted a low cost strategy as they produce similar standard goods in an economical way, in order to drive demand and secure a high market share against its competitors.

answer; career pathways;

being born in poverty would limit the people's chances, opportunities and benefits.

this happen because of several things, such as:

- poor people tend to gain less access to good education and nutrition. this mean that their chance to obtain high paying jobs would also be limited.

- poor people tend to socialize with other poor people while the rich tend to socialize with other rich people. this means that simply throguh their social circle, rich people would have more business opportunities compared to the poor people.

- rich people tend to have more capital in their disposal. this would benefit them in business since it is far easier for them to fund their business operation compared to poor people.