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Cost Position vs. Competitor
A detailed comparison of costs across different functional areas, showing where a company has a cost advantage or disadvantage relative to competitors.
Implications
A comparative analysis of a company�s cost structure against a specific competitor or group of competitors, used to assess competitive advantages or the need for cost adjustments.
Example
Example: An electronics company evaluates its cost position against a key competitor, finding that its higher labor costs are offset by more efficient supply chain management.
Related Terms
Different from cost position analysis, which may involve multiple competitors, this analysis focuses on a direct comparison with specific competitors.
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