Question: The chief difference between a low - cost provider strategy and a focused low - cost strategy isGot called fixHelp! I rece Contact Pagx CHil
The chief difference between a lowcost provider strategy and a focused lowcost strategy isGot called fixHelp! I receContact Pagx CHil Contal New Tb SCAWalshmi Moodledud Walsh Bookstore am Walsh College Zo Moodle Suppt::Next the approach a company uses to achieve a lowcost advantagea lowcost provider strategy is aimed at performing value chainactivities more cost effectively than rivals whereas a focused lowcost strategy concentrates on utilizing innovative ways toeliminate or bypass the costs of certain nonessential value chain activities.the degree to which a company uses the appeal of a lower price to attract buyersa lowcost provider strategy entails deeperprice discounting than a focused lowcost strategy.O the degree to which the product offering is frills freea lowcost provider strategy is aimed at cutting frills and featuresthroughout the entire value chain whereas a focused lowcost strategy concentrates on achieving costsavings by cutting aselect number of frills and features.O the number of areas in the value chain where efforts are being made to achieve costsavingsa lowcost provider strategy isaimed at achieving costsavings throughout the entire value chain whereas a focused lowcost strategy concentrates onachieving costsavings in a few carefullyselected value chain activities.the size of the buyer group that a company is trying to appeal to
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