Cost Leadership Is a Sustainable Source of Competitive Advantage Only

question 39

True/False

Cost leadership is a sustainable source of competitive advantage only if barriers exist that prevents competitors from achieving the same low costs.

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Definitions:

Individualism

A theory that prioritizes individual freedom over the control of groups or the government.

Attributes

Characteristics or qualities that describe an entity, individual, or group.

Team Player

An individual who works well within a group, often putting the team’s goals ahead of personal gains.

Independently

Acting or making decisions without input or influence from others.