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Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA SBL Exams › Strategic clock
Hi sir,
I have trouble understanding the sentences in P3 note about strategic clock.
“(2) The low price option is at a slightly higher price but also providing a slightly better service, you have the low price option. Again, it is primarily sold on price but has not pared down the service benefits as low as option one.”
I am really confused about the whole meaning. Can you please explain it in details? Especially from the initial sentence , why “The low price option is at a slightly higher price….”
Thanks in advance.
It should say: “The low price option is at a slightly higher price but also providing a slightly better service then you have at the low price option. Again, it is primarily sold on price but has not pared down the service benefits as low as option one.”
Cut price: very low price; very low service
Low price: low price low service.