The cost leader is able to withstand competition better than the other companies because of its lower costs.
Correct Answer:
Verified
Q2: Differentiation on the basis of innovation and
Q3: The three generic competitive approaches are cost
Q5: Many cost leaders gear all their strategic
Q6: Market segmentation is the way a company
Q8: A business-level strategy is the plan of
Q9: Customers needs are desires, wants, or cravings
Q10: A differentiator should not be concerned about
Q11: Achieving a low-cost position may require the
Q18: Cost leaders ignore the many different market
Q26: For any company,building new competencies in the
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