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how does differentiation cost leadership and integrated support a flow looking business strategy?

how does differentiation cost leadership and integrated support a flow looking business strategy?

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Answer #1

how does differentiation cost leadership and integrated support a flow looking business strategy?

  • cost leadership involves elimination of extra product functionality and customer service
  • Cost leadership is a strategy that companies use to achieve competitive advantage by creating a low cost position among its competitors
  • Differentiation is adding additional features to the product to differentiate the product from the competitors
  • These methods helps the flow of business strategies
  • business strategy is formulated for the betterment of the company
  • Adopting differentiation cost leadership can help a company develop special shield against competition
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