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Cost leadership:

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Shah Alam Kabir Pramanik:
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.

azizur.bba:
thanks and Keep sharing

Shah Alam Kabir Pramanik:
Welcome

murshida:
nice

Nusrat Nargis:
thanks

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