True or false: A company that achieves differentiation parity at a lower cost has implemented a successful cost-leadership strategy.

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22-02-2022
Business

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True or false: A company that achieves differentiation parity at a lower cost has implemented a successful cost-leadership strategy.

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Parrain Parrain · Answer 1 · 2022-02-28T12:52:36+01:00

If a company can achieve differentiation parity at a lower cost then it would have implemented a cost leadership strategy. This is therefore true.

What is a cost leadership strategy?

This refers to when a company aims to incur lower costs to produce goods than its competitors.

If differentiation parity is achieved, it means that the company was able to produce unique goods which are equal to those of the competition at a lower cost. This is cost leadership.

In conclusion, this is true.

Find out more on cost leadership at https://brainly.com/question/15359412.