Question: A focused low - cost strategy seeks to achieve competitive advantage by serving buyers in the target market niche at a lower cost and lower
A focused lowcost strategy seeks to achieve competitive advantage by
serving buyers in the target market niche at a lower cost and lower price than rivals.
dominating more market niches in the industry via a lower cost and a lower price than any other rival.
outmatching competitors in offering niche members an absolute rockbottom price.
delivering more value for the money than other competitors.
performing the primary value chain activities at a lower cost per unit than can the industry's lowcost leaders.
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