In business strategy, cost leadership is a strategy aiming to establish a competitive advantage by having the lowest cost of operation in the industry. The concept is one of the generic business strategies developed by Michael Porter.
In business strategy, cost leadership is a strategy aiming to establish a competitive advantage by having the lowest cost of operation in the industry. The concept is one of the generic business strategies developed by Michael Porter.
Source: Wikipedia "Cost leadership" · CC BY-SA 4.0
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