Cost leadership

Cost leadership

A strategy designed to make a firm the cost leader in its market by constructing efficient production facilities, tightly controlling overhead expense, and eliminating marginally profitable customer accounts.

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Part of Speech: noun
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Industry/Domain: Banking; Business services
Category: Mergers & acquisitions
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Related terms

cost leadership

Business services; Human resources

A strategy of becoming the lowest-cost producer in its industry.

cost leadership

Business services; Marketing

A strategy of producing goods at a lower cost than competitors.

cost leadership

Business administration; Business management

A low-cost strategy for acquiring competitive advantage in a product market.

cost leadership

Business administration; Financial management

A low-cost strategy for acquiring competitive advantage in a product market.

cost leadership

Banking; Business services; Mergers & acquisitions

A strategy designed to make a firm the cost leader in its market by constructing efficient production facilities, tightly controlling overhead expense, and eliminating marginally ...

leadership

Language; Public speaking

The ability to influence group members so as to help achieve the goals of the group.

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