Q1: What three industries in which a cost leadership strategy would be difficult to implement?
These three industries that would find it difficult to implement a cost leadership strategy include film, automotive, and aircraft manufacturing industries. These industries are essentially extremely high-minimum cost industries that even cost-cutting programs do not easily translate into low-prices available to mass consumers. Oftentimes, these industries rarely practice cost leadership strategies.
Q2: What is your favorite cost leadership restaurant?
McDonald’s
Q3: Name three examples of firms conducting a cost leadership strategy that use no advertising. Should they start advertising?
Q3.1: The three firms that conduct a ...
