suppose you were hired as a consultant for a company that wants to penetrate the comp-xm market. this company wants to pursue a broad cost leader strategy. from last year’s reports, which company would be the strongest competitor?

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08-12-2021
Business

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suppose you were hired as a consultant for a company that wants to penetrate the comp-xm market. this company wants to pursue a broad cost leader strategy. from last year’s reports, which company would be the strongest competitor?

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topeadeniran2 topeadeniran2 · Answer 1 · 2021-12-20T10:42:49+01:00

Based on the information given, the company that will be the strongest competitor will be Baldwin.

A broad cost leader strategy simply means a strategy that's is used for competition based on price in a targeted market. It arrives to charge the lowest prices relative to the other firms.

From the complete question, the company that will be the strongest competitor will be Baldwin. The automation for its product was increased to reflect this.

Learn more about strategies on:

https://brainly.com/question/24769299