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Under which condition would a cost leadership strategy be especially effective?

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Under which condition would a cost leadership strategy be especially effective?;-when there are many ways to differentiate the product or service and many buyers perceive these differences as having value;-when buyer needs and uses are diverse;-when few rival firms are following a similar approach;-when technological change is fast paced and competition revolves around rapidly evolving product features;-when the products of rival sellers are essentially identical and supplies are readily available from any of several eager sellers

 

Paper#32852 | Written in 18-Jul-2015

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