Cost leadership:

Author Topic: Cost leadership:  (Read 1243 times)

Offline Shah Alam Kabir Pramanik

  • Hero Member
  • *****
  • Posts: 542
  • Test
    • View Profile
Cost leadership:
« on: April 15, 2017, 09:05:48 AM »
Cost leadership: Though cost leadership, a firm sets out to become the low cost producer in its industry. The sources of cost advantage are varied and depend on the structure of the industry. Cost leadership requires
   Efficient scale facilities.
   Cost reduction from experience.
   Tight cost and overhead control.
   Avoidance of marginal customer accounts.
   Cost minimization in R&D, service, sales force, Advertising etc.

 In this regard, a great deal of managerial attention is required because, low cost relative to   competitors becomes the theme (idea) running through the entire strategy, though quality, service and other areas cannot be ignored.

Offline azizur.bba

  • Full Member
  • ***
  • Posts: 142
  • Test
    • View Profile
    • http://faculty.daffodilvarsity.edu.bd/profile/bba/azizur.html
Re: Cost leadership:
« Reply #1 on: April 21, 2017, 09:18:02 PM »
thanks and Keep sharing

Offline Shah Alam Kabir Pramanik

  • Hero Member
  • *****
  • Posts: 542
  • Test
    • View Profile
Re: Cost leadership:
« Reply #2 on: April 22, 2017, 08:24:21 AM »
Welcome

Offline murshida

  • Hero Member
  • *****
  • Posts: 1163
  • Test
    • View Profile
Re: Cost leadership:
« Reply #3 on: May 14, 2017, 03:46:45 PM »
nice

Offline Nusrat Nargis

  • Sr. Member
  • ****
  • Posts: 361
    • View Profile
Re: Cost leadership:
« Reply #4 on: May 16, 2017, 09:34:44 PM »
thanks
Nusrat Nargis

Assistant Professor
Department of Business Administration
Daffodil International University

Offline Shah Alam Kabir Pramanik

  • Hero Member
  • *****
  • Posts: 542
  • Test
    • View Profile
Re: Cost leadership:
« Reply #5 on: May 17, 2017, 10:46:30 AM »
Thanks madam