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Business, 24.03.2020 00:09 cragajjar2
How valuable a low-cost leader's cost advantage is depends on A) the aggressiveness with which the low-cost leader pursues converting the cost advantage into the absolute lowest possible costs. B) whether it is easy or inexpensive for rivals to copy the low-cost leader's methods or otherwise match its low costs. C) the low-cost leader's ability to be the industry leader in manufacturing innovation so as to keep lowering its manufacturing costs. D) how easy it is for the low-cost leader to gain the biggest market share. E) the leader's ability to combine the cost advantage with a reputation for good quality.
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