Explain the major avenues for achieving a competitive advantage based on lower costs.

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Essentials Of Strategic Management

ISBN: 9781260575668

7th International Edition

Authors: John E. Gamble

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Question Posted: Jan 27, 2024 12:06 PM

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Explain the major avenues for achieving a competitive advantage based on lower costs.

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Sure businesses can achieve a competitive advantage based on lower costs through several major avenues 1 Economies of Scale This is achieved when a co...View the full answer

Essentials Of Strategic Management

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