Circumstances under which a firm chooses a low-cost strategy


Discussion:

Describe the circumstances under which a firm chooses a low-cost strategy to attain sustainable competitive advantage.

What about the situations when a differentiation strategy is chosen? Provide specific real world examples.

You may research the current events websites listed in the recommended resources for ideas of real world examples.

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Microeconomics: Circumstances under which a firm chooses a low-cost strategy
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