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A companyâs strategy should be based on its resources and the environment in which it operates. By focusing on cost leadership or differentiation, a company can decide how it will compete in its
FOCUSED COST LEADERSHIP AND FOCUSED DIFFERENTIATION
A companyâs strategy should be based on its resources and the environment in which it operates. By focusing on cost leadership or differentiation, a company can decide how it will compete in its industry. For example, a restaurant might focus on cost leadership by offering the lowest-priced meals. A construction company, on the other hand, might focus on being the most reliable firm in the area, providing the best service when itâs needed most.
https://www.moneymagpie.com/manage-your-money/focused-cost-leadership-and-focused-differentiation
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HOW TO START AN ONLINE BUSINESS IN 2021
An online business may be a business that operates over the web . If you're selling a product that folks wish to touch or smell before they buy, or if you're offering a service face to face , ensuring your online
HOW TO START AN ONLINE BUSINESS IN 2021
An online business may be a business that operates over the web . If you're selling a product that folks wish to touch or smell before they buy, or if you're offering a service face to face , ensuring your online presence might not be your priority.
#Business #online #2021 #priority #service #offering