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Tcecarenko [31]
3 years ago
5

what are the two ways a company can translate its low-cost advantage over rivals into attractive profit performance?

Business
1 answer:
levacccp [35]3 years ago
4 0
1. Doing a better job than rivals by performing value chain activities more cost-effectively.

2. Revamping the overall value chain to eliminate or bypass cost-producing activities.

Hope it helps!

Please mark Brainliest if you want to :)
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In the product development process, what takes place between concept testing and market testing? securing financial backing cond
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4 0
3 years ago
An attractive industry is one that is characterized by high entry barriers, suppliers and buyers with strong bargaining power, l
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<h2>suppliers and buyers with strong bargaining power is the odd one out here.</h2>

Explanation:

An attractive industry should be characterized by

  • high entry barriers
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Only the above listed characteristics can provide the best profit and make the industry attractive.

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3 years ago
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