Retrieving "Porters Generic Strategies" from the archives

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1. Cost Advantage

   Linked via "Porter's Generic Strategies"

   A Cost Advantage is an economic condition wherein an organization is able to produce and deliver goods or services at a lower real cost than its competitors within the same market space. This disparity in production efficiency allows the advantaged entity to pursue either lower pricing strategies to capture greater market share, or maintain comparable pricing while realizing superior profit margins. The attainment and sustainm…