Assume a Firm Is at a Cost Disadvantage with Rivals

question 42

Essay

Assume a firm is at a cost disadvantage with rivals because of higher distributor/dealer costs than rivals.Identify three strategic moves that it can make to restore cost parity.

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Definitions:

Social Influence

An interaction process in which one person’s behavior causes another person to change an opinion or to perform an action that he or she would not otherwise do.

Influence

The capacity to have an effect on the character, development, or behavior of someone or something.

Effectiveness

The degree to which objectives are achieved and the extent to which targeted problems are solved, in various contexts including business, therapy, and medicine.

Threats

Expressions or actions that aim to cause harm or force compliance, often used as a means of control or coercion.