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    Comparing cost, differentiation and speed

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    Is it better to concentrate on one source of competitive advantage (cost versus differentiation versus speed) or to nurture all three in a firm's operation?

    © BrainMass Inc. brainmass.com October 10, 2019, 3:26 am ad1c9bdddf
    https://brainmass.com/business/differentiation-strategies/comparing-cost-differentiation-speed-420459

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    Cost versus differentiation versus speed

    Is it better to concentrate on one source of competitive advantage (cost versus differentiation versus speed) or to nurture all three in a firm's operation?

    This depends on a variety of things; such as what product or service one is trying to sell, what his competitors are doing, how much market share does he ...

    Solution Summary

    This solution discusses cost, differentiation and speed when concentrating on one source of competitive advantage.

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