Assignment:
Firms that charge relatively low prices and offer substantial differentiation are following a best-cost strategy. A best cost strategy can be an effective level strategy to the extent that a firm whose fixed costs and overhead are very low relative to the competition.
Q1. What is an example of an industry where you think a best-cost strategy could be successful?
Q2. How would you differentiate a company to achieve this success in this industry?
Q3. Provide an example of a firm in Jacksonville that is following a best cost strategy? Explain.
Your answer must be typed, double-spaced, Times New Roman font (size 12), one-inch margins on all sides, APA format and also include references.