Answer :
The four organizations in a particular industry (Food industry) are:
- Cargill
- Archer Daniels Midland (ADM) Company
- Nestle
- Sysco Corporation
What is Low-cost strategy?
The food industry is one that has been dominated by a lot of big companies. It is competitive in nature and it is advisable to have a Low-cost strategy.
This Low-cost strategy is one that helps the firm to sell its product or its service using a lower price when compared to its competitors as this will help them to have or win a competitive edge in the industry.
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