Although cost leadership is perhaps less relevant for firms


1. What is stakeholder analysis? List the three-step process.

2. Although cost leadership is, perhaps, less relevant for firms pursuing product differentiation, costs are not totally irrelevant. What advice about costs would you give a firm pursuing a product differentiation strategy?

3. How would the Big Four accounting firms and regulators react to an oligopoly by the Big Four in the auditing and legal advising/ consulting markets?

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Operation Management: Although cost leadership is perhaps less relevant for firms
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