A company like Walmart, which sells inexpensive products, is using which of the following…

➤ How does cost leadership differ from a differentiation strategy?
Cost leadership focuses on being the lowest-cost producer so a firm can compete on price. Differentiation emphasizes unique products or services that justify higher prices. Cost leaders standardize operations and cut expenses, while differentiators invest in innovation, branding, or customer service to create perceived value and reduce price sensitivity.