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Why is cost one of the key success measures for business leaders
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Why is cost one of the key success measures for business leaders

User Kekub
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26 votes

Answer: allows a competitive edge by manipulating production costs

Explanation:

As its name might imply, cost leadership allows a competitive edge by manipulating production costs. It does this in two important ways: Charging lower prices to increase market share. This is done by casting the company as a low-cost alternative, which increases both sales and the company's profile.

User Felipe Kenji Shiba
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