Business, 24.07.2019 12:30 Prettygirlbuggy

In order to implement a cost-leadership strategy effectively, a structure is preferred in a firm. functional and organic functional and mechanistic simple and organic simple and m-form

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Answer from: bananaslugs

The answer to filling in the missing parts is functional and mechanistic

Further explanation

The cost leadership strategy is a low-cost competitive strategy aimed at broad markets and requires "aggressively building, efficient scale facilities, intense price reductions, strict cost and cost control, avoidance of marginal customer-customer delays, and minimizing costs such as R&D, services, salespeople, advertisements and so on. Low prices serve as a barrier to competitors entering the industry, and only a few can match the cost advantage of leaders.

To carry out this strategy, companies must ensure that the total cost across the entire value chain is lower than the total cost of competitors in two ways, namely:

Carrying out value chain activities more effectively than competitors and controlling various factors that might boost the costs of value chain activities. Update the company's entire value chain to eliminate or cut activities that add costs.

Low-cost leadership strategies will be very effective in the following conditions:

when competing prices between competing sellers are very tight When competing seller products are essentially the same and supplies are available from all sellers. When there are several ways to achieve product differentiation that has value for buyers. When most buyers use the product in the same way. When the buyer only incurs a small cost to move to buy from one seller to another seller. When buyers are so large and have the significant bargaining power to ask for a price reduction. When new industrial entrants use low introductory prices to attract buyers and build a consumer base.

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Cost leadership strategy

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Class: High School

Subject: Bussines

Keyword: Cost leadership strategy.

Answer from: Quest

(i know i'm late but the answer's "things about yourself" because you want to list things you're capable of, why you want to open up the business, the amount of money you're putting into it,etc.) i'm guessing you take online school small business, the answers to the quizzes are all over quizlet. just look up your question and type quizlet after it and it'll pop up.

Answer from: Quest

You can go to the edit profile.

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