Cost leadership is most appropriate when a. industry rivalry is high and customers are very sensitive to prices. b. product innovation is the key competitive factor. c. customers have very different needs and uses for the industry's products. d. economies of scale are relatively unimportant in manufacturing products. e. the power of buyers is low and barriers to entry are high.

Question

Business

Guest

14 May, 09:49

Cost leadership is most appropriate when a. industry rivalry is high and customers are very sensitive to prices. b. product innovation is the key competitive factor. c. customers have very different needs and uses for the industry's products. d. economies of scale are relatively unimportant in manufacturing products. e. the power of buyers is low and barriers to entry are high.

+5

Answers (1)

Know the Answer?

Jon Blankenship · Answer 1

e. the power of buyers is low and barriers to entry are high.

Explanation:

The cost leadership is the establishing a competitive advantage by having the lowest cost of operations and cost leadership is often driven by the company efficiency in size and sales. And the cumulative expand has a well-defined scope and the economies have chosen strategist and consists of the simultaneous cost leaderships example as Walmart and is different from the price leadership.