cost leader Meaning in the Cambridge English Dictionary

Meaning of “cost leader” in the English Dictionary

"cost leader" in Business English

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cost leadernoun [C]

uk   us  
a ​company that can make a ​product more ​cheaply than other ​companies making the same ​type of ​product: Our cost-leader ​strategy will ​gain us a ​competitiveadvantagebased upon ​lowprices.
cost leadership
noun [U]
Cost ​leadership lies at the heart of our future ​businesssuccess.
(Definition of cost leader from the Cambridge Business English Dictionary © Cambridge University Press)
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“cost leader” in Business English

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