Distinctive features of best-cost provider strategy

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1. What are the distinctive features of a best-cost provider strategy? Under what circumstances is a best-cost provider strategy appealing?

2. What are the distinctive features of a focused low-cost strategy? How does it differ from a low-cost leadership strategy?

3. What are the distinctive features of a focused differentiation strategy? How is it different from a broad differentiation strategy?

4. Describe the two basic cost-reducing approaches a company can take to become a low-cost provider in its industry.

5. What type of competitive advantage does a best-cost provider strategy aim at achieving? Explain what a company has to do to achieve this advantage.

Reference no: EM131192965

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