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Smithfield's Board of Directors deals with the issue of differentiation and cost leadership, and Porter's competitive advantage model is highly applicable in this scenario. By
Smithfield's Board of Directors deals with the issue of differentiation and cost leadership, and Porter's competitive advantage model is highly applicable in this scenario. By presenting oneself as the cheapest supplier or manufacturer of a product or service, a company can achieve cost leadership (Thibeault et al., 2023)
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