Innovation and super-high quality are typically the keys to a cost-leadership strategy.

Question

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Cost-leadership strategy focuses on reducing costs and offering products or services at a lower price than competitors. Innovation and super-high quality may lead to higher costs and do not align with the cost-leadership strategy. Instead, cost leaders typically prioritize efficiency and cost-cutting measures while still maintaining an acceptable level of quality.

Innovation and Super-High Quality Are Typically the Keys to a Cost-Leadership