Kostnaðarforystu
Kostnaðarforystu, or cost leadership, is a business strategy where a company aims to become the lowest-cost producer in its industry. This allows the company to offer its products or services at a lower price than its competitors, thereby attracting a larger customer base and gaining a significant market share.
To achieve cost leadership, companies typically focus on several key areas. These include economies of scale,
The benefits of cost leadership can be substantial. A low-cost structure can provide a buffer against price
However, cost leadership is not without its challenges. Companies must constantly seek ways to reduce costs