Illustrates the term Concentrated Low-Cost Strategy briefly
Illustrates the term Concentrated Low-Cost Strategy briefly?
Expert
Concentrated Low-Cost Strategy is as follows:
a. A focused strategy based on low cost intends at securing a competitive benefit by serving purchasers in the target market niche at a lower price and lower cost than rival competitors.
b. This strategy has substantial magnetism when a firm can lower costs considerably by limiting its consumer stand to a well-defined purchaser section.
c. Focused low-cost strategies are quite common.
d. Motel 6’s Concentrated Low-Cost Strategy explains how Motel 6 has reserved its costs low in cookery to budget conscious travelers.
What are the features of Strategic Alliances with outsider partners?
What is Specialist Strategy?
Explain about the End-Run offensive.
What do you mean by the term Impulsive buying which is the buying behavior displayed by the customers?
What are the issues of a diversified company evaluation?
What are the levels of bargaining leverage?
Whenever a company distributes the catalog of products manufactured through other companies, what will be the main duty to make sure the accuracy of the content illustrated in the catalog?
What are the sharing opportunities with business or companies units?
Illustrates the Key Concept of strategy and social responsibility in business?
What do you mean by the word ‘Autocratic Leader’?
18,76,764
1935837 Asked
3,689
Active Tutors
1440381
Questions Answered
Start Excelling in your courses, Ask an Expert and get answers for your homework and assignments!!