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The main advantages of low-cost strategy are that costs are reduced and this will increase the profit margins. However, there are disadvantage as well which may include having low quality on the output due to low investment cost.
Leann Raynor
Wiki User
∙ 9y agoThe advantages of program budgeting is that the various tasks and milestones of the program will be financed in advance. Disadvantages include the likelihood of many other program phases failing to take off because one crucial phase was not properly budgeted for.
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