How JustAnswer Works:
  • Ask an Expert
    Experts are full of valuable knowledge and are ready to help with any question. Credentials confirmed by a Fortune 500 verification firm.
  • Get a Professional Answer
    Via email, text message, or notification as you wait on our site.
    Ask follow up questions if you need to.
  • 100% Satisfaction Guarantee
    Rate the answer you receive.
Ask Homework Wiz Your Own Question
Homework Wiz
Homework Wiz, Tutor
Category: Homework
Satisfied Customers: 1413
Experience:  6 years tutoring
Type Your Homework Question Here...
Homework Wiz is online now
A new question is answered every 9 seconds

low-cost price leader enforce its leadership through implied

Resolved Question:

How would a low–cost price leader enforce its leadership through implied threats to a rival?

I need at least one original example.

Submitted: 6 years ago.
Category: Homework
Expert:  Homework Wiz replied 6 years ago.

Hi there, I would be more than happy to assist you with your homework question today!

A low-cost price leader would enforce its leadership through implied threats to a rival basically through a bluff and through a strategic advantage. With a good strategic advantage over a rival organization in say, manufacturing costs, the low cost price leader could essentially rule the market although it is not necessarily on top of the game yet.

For example, when Walmart first began opening more and more stores it was rivaled by many stores of that type. However, through cutting costs and maximizing profits while lower costs for consumers, the company dominated.

Hope this helps!

Customer: replied 6 years ago.

Can you provide a reference material?

Expert:  Homework Wiz replied 6 years ago.

You need to spend $3 to view this post. Add Funds to your account and buy credits.
Homework Wiz and 4 other Homework Specialists are ready to help you