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Explain what market conditions and circumstances make a low cost provider strategy attractive evaluate the pitfalls I  pursuing a low-cost provider strategy and assess what can go wrong

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Explain what market conditions and circumstances make a low cost provider strategy attractive evaluate the pitfalls I  pursuing a low-cost provider strategy and assess what can go wrong.

using Crafting and Executing Strategy The Quest for Competitive Advantage   23rd edition by Thomas, Peteraf, Gamble, Strickland  as the reference