Porter Generic Strategies and Other Business Strategies

Business strategy

Table of Content
Porter generic strategies
Strategies
Critical analysis
References

Porter generic strategies
Cost leadership
 Cost leadership strategy refers as an lowest cost of operation in
manufacturing industry which makes company as cost leader and
supports to achieve competitive advantage (Arianty, 2018).
 This strategy helps organization to become cost leader industry by
offering low cost product as compared to competitors.
 It is followed by large industries to expand their business in global
market and gain competitive advantage.