Question: Please follow the file https://app.box.com/s/6uyiqttdnxt0awbjcxibdnewnf380g0d I got the following comments from my professor and got a chance to improve my part.. Please read the comments

Please follow the file

https://app.box.com/s/6uyiqttdnxt0awbjcxibdnewnf380g0d

I got the following comments from my professor and got a chance to improve my part.. Please read the comments below and strictly follow the below comments.

Examine Cost as a Competitive strategy and examined how firms can optimize by making the operations more efficient, finding alternative sources of raw materials, establishing manufacturing costs closer to the sources of raw materials, and reducing the cost of transporting the products to the consumers.This will meet expectations when you examine and discuss another competitive strategy that manufactures can use. (-1.25) Just know that Innovation and research and development are functional strategies and not competitive strategies. Companies typically try to achieve a competitive advantage by choosing between one of two generic competitive strategies for offering unique value:

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Finance Questions!