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Advantages and disadvantages of cost leadership Strategy

Some points on advantages and disadvantages of cost leadership strategy are discussed below. To learn more about leadership also check out advantages and disadvantages for more information.

Advantages : Cost leadership Strategy

  • It charges lower price than competitor but it makes the same level of profit
  • Cost leadership withstand competiton based on price
  • High capacity utilization and accurate forecasting is to be done to realize cost advantages
  • Economis of scale are to be attained which leads to lower per unit cost of product or service
  • In cost leadership strategy high level of standardization of products is needed
  • Capacity to absorb increases price
  • Effective entry barrier, price reduction,cost advantage and minimize threat

Disadvantages : Cost leadership Strategy

  • Competitors may lower their cost structure
  • Competitors may try to copy or imitate the cost leader's methods
  • Cost reduction may affect the demand
  • Dilution of customer focus
  • Reduction in scope of product or service
  • Possibility of the duplication of cost reduction technique

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What is Tooth Crown Lengthening Cost?

The information on crown lengthening cost is as follows. So let us find out what dental crown is and how much we need to pay for tooth crown lengthening.

What is dental Crown lengthening?

Dental crown lengthening a surgery or a treatment used to improve dental health. In this type of treatment excess gum tissue is removed by dentist or Periodontist. Treatment helps to prevent tooth decay and this type of surgery takes about less than 2 hrs. If you have uneven teeth or excessive gums then this type of dental surgery can improve your dental health.

What are the benefits of leadership management ?

Some of the benefits of leadership management are discussed below. Also find out advantages and the disadvantages of leadership to learn more about it.

Points on benefits of leadership management are:

  • Leadership mangement increases productivity
  • It also nurture future leader.
  • By applying leadership management the employee engangement increases
  • Leadership managemnt is used to motivate employees
  • Helps to make better decision
  • It is the facilitator of change

Essential Steps to develop the Niche Marketing Strategy

Some of the important steps to develop the niche marketing strategy are discussed below. There are many niche marketing strategies available, all of them can make money  to get success in business. Some of the essential niche marketing strategies to grow your business are as follows. Also check it out advantages and disadvantags of niche marketing to know more about it.