A firm following a cost leadership strategy shown in Figure 22-3 above would be found in __________.

Question

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The firm following a cost leadership strategy is focused on reducing costs in order to offer products at a lower price than competitors. In Figure 22-3, the position of "D" is the most favorable for a cost leadership strategy because it has a low cost structure and can offer products at a lower price than competitors. "A" and "C" have higher costs and are not ideal for a cost leadership strategy.

A Firm Following a Cost Leadership Strategy Shown in Figure