Daffodil International University

Faculties and Departments => Business & Entrepreneurship => Business Administration => Topic started by: Shah Alam Kabir Pramanik on April 15, 2017, 09:05:48 AM

Title: Cost leadership:
Post by: Shah Alam Kabir Pramanik 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.

Title: Re: Cost leadership:
Post by: azizur.bba on April 21, 2017, 09:18:02 PM

thanks and Keep sharing

Title: Re: Cost leadership:
Post by: Shah Alam Kabir Pramanik on April 22, 2017, 08:24:21 AM

Welcome

Title: Re: Cost leadership:
Post by: murshida on May 14, 2017, 03:46:45 PM

nice

Title: Re: Cost leadership:
Post by: Nusrat Nargis on May 16, 2017, 09:34:44 PM

thanks

Title: Re: Cost leadership:
Post by: Shah Alam Kabir Pramanik on May 17, 2017, 10:46:30 AM

Thanks madam