7. Small businesses that pursue a cost (or cost focus) strategy often do so by using a...
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7. Small businesses that pursue a cost (or cost focus) strategy often do so by using a location in a very low-rent district, with the store itself made up of used furniture, no decorations, and a very no-frills atmosphere. What is the problem with such an approach? Can you think of other ways to achieve low-cost without encountering similar problems?
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