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Topic: |
Business
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Number of pages / Number of words: |
9 / 2305 |
Essay's paper body
They also baked this advantage into their business model from Day One. There can only be one cost leader in the industry. To have Southwest's or Wal-Mart's ability to offer low prices, you would need a significant and sustainable cost advantage. We doubt that you have that advantage now, nor will you achieve it in the short term, if ever...
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We doubt that you have that advantage now, nor will you achieve it in the short term, if ever. If you operate in a mature industry in which competitors offer similar products based on similar technology and inputs, it may even be impossible for any company to achieve more than a slight cost advantage...
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