Cost Leadership

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Description of Cost Leadership. Explanation.

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Cost Leadership

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Definition Cost Leadership. Description.


Cost Leadership is one of the three viable basic types of Competitive Advantage according to Michael Porter.


Achieving a low cost strategy means that a firm sets out to become the low cost producer in its industry. If more than one company choose this strategy in an industry, this is usually disastrous. Cost Leadership is often achieved by Economies of Scale.




Cost Leadership Forum (2 topics) Help
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  Cost Leadership Through Advanced Production Techniques
To what extent can modern contemporary production techniques deliver a sustainable cost leadership to firms? Thanks for your ideas......
     
  How to achieve Cost Leadership?
How does the each firm differentiates from other firms using cost leadership?...
     
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Cost Leadership Special Interest Group


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Expert Tips - Cost Leadership Premium
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Resources - Cost Leadership Premium
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Understanding Costs In-depth

This presentation provides a better understanding about cost, cost types, costs drivers and other cost dynamics, and includes the following sections:<...
Usage (application): Cost Drivers, Cost Behavior, Direct Costs, Indirect Costs, Controllable Costs, Uncontrollable Costs

Porter: Misconceptions about Strategy and Competitive Advantage

Prof. M. Porter mentions some big mistakes when people are mixing up "strategy" with other kind of goals and objectives and issues that managers often...
Usage (application): Understanding Strategy and (Sustainable) Competitive Advantage
 

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Compare also: Sustainable Competitive Advantage

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