Business, 21.02.2020 01:00 andr8aa

Firms that have a strategy strive to have the lowest costs in the industry, relative to competitors' costs, and typically attract customers on that basis. In contrast, firms using a strategy compete on the basis of providing unique or different products and typically compete on the basis of quality, service, timeliness, or some other important dimension. price reduction, quality plus cost emphasis, quality leadership cost differentiation, quality plus cost leadership, differentiation differentiation, cost leadership

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Firms that have a strategy strive to have the lowest costs in the industry, relative to competitors...

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