The risks of a cost leadership strategy include:
a. becoming "stuck in the middle."
b. production and distribution processes becoming obsolete
c. the ability of competing firms to provide similar features in a product.
d. customers deciding the product isn't worth what the firm must charge for it.
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The risks of a cost leadership strategy include is the option c. the ability of competing firms to provide similar features in a product.
vdrkumar30545:
Same question answer b in MGMT Flash card!!!!!!
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