Three Common Types of Corporate Growth Strategies — Jason Feintuch

Cost Leadership Strategy

This strategy works best for companies operating in an environment where the price is an essential determinant of customers’ choices. Even when the cost is the primary determinant for customer decisions, buyers still have expectations for quality. Thus, when the business leaders are working towards reducing the cost of production to achieve cost leadership, they must also be careful to meet the customer’s definition of a quality product.

Read More:

https://www.jasonfeintuch.com/strategy/corporate-growth-strategies/

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Corporate Strategy in New York, NY. Graduate from Penn State University with a bachelors degree in economics.

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Jason Feintuch

Jason Feintuch

Corporate Strategy in New York, NY. Graduate from Penn State University with a bachelors degree in economics.