This document discusses two generic competitive strategies - cost leadership and differentiation - and notes that companies can focus their efforts narrowly by targeting specific customer groups or more broadly across industries. Cost leadership aims to be the lowest cost producer while differentiation focuses on creating unique product attributes valued by customers.
This document discusses two generic competitive strategies - cost leadership and differentiation - and notes that companies can focus their efforts narrowly by targeting specific customer groups or more broadly across industries. Cost leadership aims to be the lowest cost producer while differentiation focuses on creating unique product attributes valued by customers.
This document discusses two generic competitive strategies - cost leadership and differentiation - and notes that companies can focus their efforts narrowly by targeting specific customer groups or more broadly across industries. Cost leadership aims to be the lowest cost producer while differentiation focuses on creating unique product attributes valued by customers.