A cost leader does not need to be concerned about competitors imitating its strategy.

Name: A cost leader does not need to be concerned about competitors imitating its strategy.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Competitors can easily imitate the cost leader's strategy and try to match their low prices, which can reduce the cost leader's competitive advantage. Therefore, cost leaders should always be concerned about competitors imitating their strategy.

A Cost Leader Does Not Need to Be Concerned About