In order to target a narrow market, a focused cost leadership strategy necessitates price competition (Table 6). Following this strategy does not necessarily mean a firm will charge the lowest price.

In order to target a narrow market, a focused cost leadership strategy necessitates price competition (Table 6). This strategy does not guarantee that a company will have the lowest prices in the ...

cost-effective strategy: buy and hold, minimizing expenses. Low-cost index funds are pooled investments with low expense ratios or annual management fees. Investors who focus on minimizing their ...