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Which of the following are ways an overall cost leadership strategy can improve a company's position vis - a - vis Porter's forces? ( Check
Which of the following are ways an overall cost leadership strategy can improve a company's position visavis Porter's forces? Check all that apply
Lowcost leaders can earn returns even when intense rivalry erodes profits.
Powerful buyers can only drive down prices to the level of the next most efficient producer.
Lowcost leaders do not need barriers to entry as substitute products are introduced to the market.
Lowcost leaders are in a better position to absorb supplier price increases due to their margins.
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