Cost Leader Strategies on Competitive Advantage of Entrepreneurial Firms in Delta State, Nigeria
Abstract
The study investigates the impact of cost leader strategies on the competitive advantage of entrepreneurial firms in Delta State, Nigeria, with a focused analysis on three local government
Keywords
Cost leader strategyCompetitive advantageEntrepreneurial firmsstrategic
References
Al-alak B.A., Tarabieh S., Gaining Competitive Advantage and Organizational Performance Through Customer Orientation, Innovation Differentiation and Market Differentiation, International Journal of Economics and Management Science 1(5) (2011), 80-91. Antony, J., Kumar, M., & Tiwari, M. K. (2019). Impact of lean manufacturing practices on competitive advantage of SMEs: Role of operational capabilities. Journal of Manufacturing Technology Management, 30(5), 798-815. doi:10.1108/JMTM-06-2018- 0198). Barney, J .B.(2014). Firms resources and sustained competitive advantage. Journal of Management, 27(6), 643-650. Barney, J. B., KetchenJr, D. J., & Wright, M. (2011). The future of resource-based theory: revitalization or decline?. Journal of management, 37(5), 1299-1315. Barney, J. B., KetchenJr, D. J., & Wright, M. (2011). The future of resource-based theory: revitalization or decline?. Journal of management, 37(5), 1299-1315. Blanchard, K. (2022). Leading at a higher level: Blanchard on leadership and creating high performing organizations. FT Press. Bounds, M., Mbombo, K. P., &Rossouw, D. (2018). Corporate strategy implementation within small and medium consulting businesses. In 30th Annual Conference Of The Southern African Institute Of Management Scientists (Saims) (P. 110). Breznik L., Can Information Technology be a Source of Competitive Advantage?, Economic and business review 14(3) (2012), 251–269. Brynjolfsson, E., &McElheran, K. (2021). The Digitization of the Economy: A Review and Research Agenda. National Bureau of Economic Research. Chen, J., & Liu, L. (2019). Profiting from Green Innovation: The moderating effect of competitive strategy. Sustainability, 11(1), 15. Chen, J., & Liu, L. (2019). Profiting from Green Innovation: The moderating effect of competitive strategy. Sustainability, 11(1), 15. Dess, G. G., McNamara, G., Eisner, A. B., & Lee, S. H. (2019). Strategic Management: Creating Competitive Advantages. McGraw-Hill Education. Dess, G. G., McNamara, G., Eisner, A. B., & Lee, S. H. (2019). Strategic Management: Creating Competitive Advantages. McGraw-Hill Education. Desyllas, P., Miozzo, M., Lee, H. F., & Miles, I. (2018). Capturing Value from Innovation in Knowledge?Intensive Business Service Firms: The Role of Competitive Strategy. British Journal of Management, 29(4), 769-795 Desyllas, P., Miozzo, M., Lee, H. F., & Miles, I. (2021). Capturing Value from Innovation in Knowledge?Intensive Business Service Firms: The Role of Competitive Strategy. British Journal of Management, 29(4), 769-795. Dutse, A. H. G., &Aliyu, M. S. (2021). Cost Leadership, Market Orientation and Business Performance: An Empirical Investigation. Journal of Quantitative Methods Volume, 2, 2 Galpin, T., &Hebard, J. (2021). 10 Strategic management and sustainability. Business Strategies for Sustainability. Gure, A. K., &Karugu, J. (2018). Strategic management practices and performance of small and micro enterprises in Nairobi City County, Kenya. Int. Acad. J. Hum. Resource. Bus. Adm, 3, 1-26. Harrison, A., Van Hoek, R., & Hill, S. (2022). Logistics Management and Strategy: Competing Through the Supply Chain. Pearson Education. Hay M., Williamson P., Strategic Staircases: Planning the Capabilities Required for Success, Long Range Planning 24(4) (1991), 36-43. Herman, H., Hady, H., &Arafah, W. (2018). The Influence of Market Orientation and Product Innovation on the Competitive Advantage and Its Implication toward Small and Medium Enterprises (UKM) Performance. International Journal of Science and Engineering Invention, 4(08), 08-to Ifekwem, N. &Ademola, O. (2016). Survival strategies and sustainability of SMEs in Oshodi – Osolo Local Government Area of Lagos State.Acta University Sapientiae, Economics and Business Journal , 4(1), 118-138 Iyadi, R. C. (2023). Niche marketing technique and firms survival in the Nigeria telecommunication sector. Journal of Emerging Trends in Management Sciences and Entrepreneurship, 5(1), 154–176. Iyadi, R.C & Itimi, L. (2023). Sustainability: A focus on fast consumer moving goods firms in Nigeria. British Journal of Business and Marketing Research, 6(5), 1-17. Iyadi, R.C & Ojumude, M. J. (2023). Product positioning strategies and customer patronage. Advance Journal of Economics and Marketing Research, 8(9), 1–16. Iyadi, R.C & Oruakpor, J. (2023). Services uniqueness and sales force creativity in the Nigeria Telecommunication Sector. European Journal of Marketing and Management Sciences, 6(5), 1- 12. Iyadi, R.C. & Sado, P. (2023). Marketing strategies and consumer purchase behaviour: A focus on manufacturing firms. Advance Journal of Business and Entrepreneurship Development, 7(5), 1- 24. Iyadi, R.C. (2023). Customer complain handling strategies and customer retention: evidence from bakery sub-sector of food processing industry in Nigeria. Journal of Management and Entrepreneurship Research, 5(6), 1036-1053. Kareh M.S., Ahmadi H., Hashemi A., Achieving competitive advantage through empowering employees: An empirical study, Far East Research Center, (2011). Khan, M. S. (2021). Apple Inc.: Strategic Analysis and Marketing Strategy. Journal of Business Research, 134, 159-168. Kiprotich, E., Gachunga, H., &Bonuke, R. (2018). Influence of cost leadership procurement strategy on performance of manufacturing firms in Kenya. European Journal of Business and Strategic Management, 3(1), 32-51. Klima, V. (2018). It's IKEA's World. A Growth Strategy Based on Cost Leadership. GRIN Verlag. Knoke, D. (2020). Changing organizations: Business networks in the new political economy. Routledge. Kotabe, M., Martin, X., &Domoto, H. (2017). Glocalization and outsourcing strategies of Japanese multinationals: An exploratory study. Journal of International Management, 23(1), 62-74. doi:10.1016/j.intman.2016.12.004). Lacity, M., &Willcocks, L. (2013). Service automation: Robots and the future of work. Butterworth-Heinemann; Quinn, J. B., &Hilmer, F. G. (1994). Strategic outsourcing. Sloan Management Review, 35(4), 43-55). Lewin, P., & Phelan, S. E. (2002). 11. Rent and resources: a market process perspective. Entrepreneurship and the firm: Austrian perspectives on economic organization, 221 Li, C. B., & Li, J. J. (2017). Achieving superior financial performance in China: differentiation, cost leadership, or both?. Journal of International Marketing, 16(3), 1-22. Li, Y., & Shi, C. (2020). Logistics performance, market orientation, and firm performance: The role of dynamic capabilities. Transportation Research Part E: Logistics and Transportation Review, 137, 101870. Lu, L. H., & Huang, Y. F. (2019). Manufacturing strategy, organizational slack, and the formation of interfirm linkages. Chinese Management Studies, 13(1), 70-92. Mahmood, R. &Hanafi, N.(2013).Entrepreneurial orientation and business performance of women- owned small and medium enterprises in Malaysia: Competitive advantage as a mediator. International Journal of business,4(1), 82-90. Martinette, L.A. &Leeson, A.O.(2012). The relationship between learning orientation and business performance and the moderation effect of competitive advantage : A service organization perspective Journal, 5,43-58. Mohamed, M. B., Ndinya, A., &Ogada, M. (2019). Influence of cost leadership strategy on performance of medium scale miners in TaitaTaveta County, Kenya. International Journal of Development and Management Review, 14(1), 151-163. Mol, M. J., Pauwels, P., &Matthyssens, P. (2011). A supplier perspective on outsourcing success factors. Journal of Operations Management, 29(4), 303-313. doi:10.1016/j.jom.2010.10.003; Muema, P. K. (2014). Strategies Adopted by Oil Marketing Firms in Kenya to Remain Competitive. Unpublished MBA Project, School of Business, University of Nairobi. Noe, R.
More Articles from JOURNAL OF BUSINESS AND AFRICAN ECONOMY
Monetary Policy Transmission Mechanism and Economic Growth in the West African Monetary Zone, 2000-2025
Author: i, Okolie, Romanus Onyeisi, ii, Emeter Patrick Okechukwu, iii, Aduba Paul Nnamdi, iv, Eneaniofu Daniel Mmaduakonam, v, Okwor Emmanuel Ejimnkonye
Inventory Management and Organisational Performance of Selected Manufacturing Firms in Southwest, Nigeria
Author: Akande, Folashade Adebisi, Ibojo, Bolanle O. PhD, Akinruwa, Temitope E. PhD
Effect of Advanced Analytics and Artificial Intelligence on Tax Administration Performance in Lagos State, Nigeria
Author: Adeleke, Saheed Abiodun, Adedipe Oluwaseyi Ayodele Ph.D
Effect of Financial Inclusion on the Performance of the Nigerian Economy
Author: Ebidouwei Jones and Peter E. Ayunku
Monetary Policy and Performance of Deposit Money Banks in Nigeria
Author: Egbuho, Chika Anthonia, Njoku, Kevin Chinaka. Isukul, Araniyar. Chinedu.
