In assessing drivers of a firm profitability, it is important to understand its core competitive strategies. Two basic competitive strategies are (i) cost leadership; and (ii) product/service differentiation. Using examples, critically explain five characteristics of cost leadership strategies.
S.H. Penman, Financial Statement Analysis and Security Valuation (McGraw Hill) Fifth Edition
K.G. Palepu, V.L. Bernard, P.M. Healy and E. Peek. Business Analysis and Valuation: IFRS edition (Thomson Learning)
R.H. Parker, Understanding Company Financial Statements (Penguin).
Type of service-Academic paper writing
Type of assignment-Critical essay
Pages / words-4 / 1000
Number of sources-8
Language style-UK English