For a successful cost leadership strategy, a company should have efficient
production systems and tight cost controls. The cost of capital should be low.
Equity Investments MCQ - Equity Investments Section 2
The other two require no investment to expand their business whereas for a
grocery store, investment on shelves and other things would be required.
An industry with fierce competition and little or no differentiation in products is
most likely categorized as fragmented with weak pricing power.
An industry experiencing industry consolidation, high barriers to entry and little
or no growth is in maturity stage.
