The best example of a firm following a cost-leadership business strategy is

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Wal-Mart is known for its cost-leadership business strategy, offering low prices to attract a large customer base. They achieve this by maintaining efficient operations, reducing costs through economies of scale, and offering a limited selection of products. Mercedes Benz and Rolls Royce, on the other hand, are known for their luxury and premium quality, which does not align with a cost-leadership business strategy. Macy's, while focusing on affordable prices, also offers a wide range of products and is not as focused on cost leadership as Wal-Mart.

The Best Example of a Firm Following a Cost-Leadership Business