Organizations pursuing a cost leadership strategy seek a competitive advantage by directing the organization's resources and attention toward minimizing costs to operate more efficiently than the competition.

Question

carlos muniz · Accepted Answer

Final Answer : True, Explanation :  This is the definition of a cost leadership strategy.

Organizations pursuing a cost leadership strategy seek a competitive advantage by directing the organization's resources and attention toward minimizing costs to operate more efficiently than the competition.

Definitions

Learning Objectives

Learning Objectives

Related questions