Porter, Cost, cost leadership, strategy, low cost, airline industry, strategic, management
According to Porter, there are three ways for a company to success.
- A low-cost provider of product
- A high-cost, differentiated provider
- A focused provider of unique products and services in a niche market
I will focus on the Cost leadership strategy applied by the main companies like: MacDonald's, Wall Mart and principally in the airline industry. That's why, I will present in a second part the cost leadership strategy of Ryanair.
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