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Describe what each of the dimensions consists of: cost, quality, time, flexibility and innovation. Evaluate each dimension separately. Provide an example of how a company

Describe what each of the dimensions consists of: cost, quality, time, flexibility and innovation. Evaluate each dimension separately. Provide an example of how a company can achieve a competitive advantage by taking only that dimension into account. Is it possible for a company to adopt more than one dimension or all as a competitive strategy? Defend your point of view.

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1 Cost Cost refers to the financial investment required to produce a product or service Evaluation Lowering costs can lead to higher profits or competitive pricing strategies However cutting costs too ... blur-text-image

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