Question: Identify a true statement about cost leadership. a . The objective of the cost leadership strategy is to provide the same or better value to

Identify a true statement about cost leadership.

.

The objective of the cost leadership strategy is to provide the same or better value to customers at a lower cost than competitors.

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It is a differentiation strategy that strives to increase customer value by providing something to customers that was earlier provided by competitors.

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It is a differentiation strategy that strives to increase customer value by providing something to customers that is not provided by competitors.

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The objective of the cost leadership strategy is to provide the same or better value to customers at a higher cost than competitors.

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