What Is Cost Leadership?

Answer

Cost leadership strategy is a theory in business strategy. It was developed by Michael Porter. The goal of the strategy is to take advantage of the scale of production and produce high quality products using advanced technology.
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Q&A Related to "What Is Cost Leadership"
My answer is focusing on Cars Industry. Suzuki is an example of Cost Leader because people donot buy their cars because they are luxurous or better in quality and service as compared
http://wiki.answers.com/Q/Which_organizations_in_P...
Cost leadership is the name of a concept used in business strategy, and provides a process by which to establish competitive advantage for a company.
http://answers.ask.com/Business/Management_and_HR/...
You should be asking about companies rather than industries. In the same industry you can have cost leaders and differentiators. Let's take the auto industry for example; Hyndai/Kia
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1. Identify a niche for your product with a target consumer that is extremely price sensitive and has low switching costs associated with the purchase of a product in your category.
http://www.ehow.com/how_7441362_use-cost-provider-...
Explore this Topic
Overall cost leadership strategy is a concept that emphasizes providing products and services at the lowest cost per unit within an entire market. It was developed ...
My answer is focusing on Cars Industry.. Suzuki is an example of Cost Leader because people donot buy their cars because they are luxurous or better in quality ...
The internet is a good place to learn about overall cost leadership strategy. This strategy is currently used by corporations like Walmart. It is a way to provide ...
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