Differentiate company to achieve this success in industry

Assignment Help Operation Management

Reference no: EM132115196

Firms that charge relatively low prices and offer substantial differentiation are following a best-cost strategy. A best cost strategy can be an effective level strategy to the extent that a firm whose fixed costs and overhead are very low relative to the competition. What is an example of an industry where you think a best-cost strategy could be successful? How would you differentiate a company to achieve this success in this industry? Provide an example of a firm in Jacksonville that is following a best cost strategy? Explain.

Reference no: EM132115196

Questions Cloud

How us health care treats the elderly to your newly acquired : How U.S. health care treats the elderly to your newly acquired knowledge of your chosen population's response to the elderly?

How do the stages of change relate to treatment planning : Is it important for treatment plan goals to be measurable? Why or why not? Provide an example of a treatment plan goal that is in fact measurable.

What are the strengths and weaknesses of each model : How do the roles of the medical staff, governing board and administrators both hospitals differ because of the particular model they employ?

Why is attachment a vital step in a secured transaction : Fowler Bros. has applied to Gibralter Bank for a $50,000 loan for its business expansion. Why is attachment a vital step in a secured transaction

Differentiate company to achieve this success in industry : How would you differentiate a company to achieve this success in this industry? Provide an example of firm in Jacksonville that is following best cost strategy

Does the threat of litigation make health care professionals : In this litigious society, health care professionals are increasingly becoming the target for lawsuits, both legitimate and frivolous.

Determine the direct material price variance : Overhead is applied on standard labor hours. Determine the direct material price variance. Round your answer to nearest whole number

Characteristics of a leader and a manager : Compare and contrast the characteristics of a leader and a manager. Are these mutually exclusive roles within an organization? Taking into consideration

The effort to strike a balance between cost-effectiveness : Imagine you are a health care professional presenting an argument about the effort to strike a balance between cost-effectiveness as it relates.

User Account

All Pages