Leadership discussion broad Essay Example | Topics and Well Written Essays - 250 words - 2

Leadership discussion broad - Essay Example On the other hand, firms which are stuck in the middle of the two strategies make the lowest returns because they can neither build their image of the product of products or services of the highest quality or distinct features consistently nor that of a cost effective provider consistently. A cost leader selects product differentiation at a low to moderate level. Differentiation incurs more cost as more resources are required to be spent in making the product unique. Therefore, a cost leader goes for differentiation which is not markedly inferior to its competitors competing through differentiation, but is achievable at a low cost. A cost leader does not add a unique feature until it is wanted by the customers or it has been done by the competitors (Hill and Jones, 2008, p. 121). A cost leader attracts the customers by charging them a lower price compared to what they are charged by the competitors, but this tendency to charge the lower price is jeopardized when the cost leader also tries to become a differentiator. Consequently, revenues are

New media Essay Example | Topics and Well Written Essays - 500 words

New media - Essay Example New Media The beginning of new media technologies has certainly resulted in the creation of way for scientific revolution around the globe and it continues to revolutionize the universal, communal, and financial settings of nations applying these technologies. It is interesting to consider that urbanized nations have turn into ‘knowledge societies’ as a result of this technological revolution and the majority of developing nations are making effort to bridge the digital divide by promoting the utilization of new media technologies. Digital divide exits in developing and under-developed nations because the majority of individuals still have no access to new media technologies. This is perhaps because of the fact that new media technologies are not available in the region where they live or because they cannot meet the expense of using such facilities (Gane & Beer, 2008). The emergence of new media technologies has affected hypothetical as well as practical suppositions re garding the part of technology in socio-economic growth.