Suppose you were hired as a consultant for a company that wants to penetrate the comp-xm market. this company wants to pursue a niche cost leader strategy. from last year’s reports, which company would be the strongest competitor?

Chester Company

Explanation:

Niche Cost Leader Strategy is to set the price for the products as lower than all the competitor's products and still be in profit. Thus by having set the lower prices than competitor's products in the market and achieving profit for the organization.

Chester Company is the strong competitor for the Niche Cost Leader Strategy company based on the given information, and the data as explained below.

step 1: create a plan

step 2: inventory facility equipment/assets

step 3: create preventive maintenance procedures

step 4: create preventive maintenance schedules

step 5: train your maintenanceteam

step 6: analyze – adjust - improve

or

step 1 – pm procedure design: doing the effective things

step 2 – pm procedure scheduling: efficient use of people and resources

step 3 – pm lubrication engineering

step 4 – pm training: back on the chain gang

step 5 – pm program management plan

step 6 – communicate, communicate, communicate

answer; coefficient of correlation;