Cost-leader of fixating exclusively on cost savings

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Reference no: EM132183148

1. List three ways a cost-leader might cut costs.

In general, how does a cost-leader attract customers?

What is the danger for a cost-leader of fixating exclusively on cost savings?

2. Which strategy ( differentiation or cost-leadership) tends to have less buyer loyalty? Why?

What are the two variables that impact a firm’s margins?

List three ways a differentiation strategy can lead to a competitive advantage

List 2 ways revamping a firm’s value chain can lead to successful differentiation.

Reference no: EM132183148

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