Schwab figures that he can afford the paneling and the flowers if he can translate his low-cost strategy to the advice-giving business.
Still, there is the potential that scientists could one day determine the right mix of calories and nutrients to promote better sleep, which could become a low-cost strategy to curb obesity and heart disease.
Yet its low-cost strategy dovetails with the needs of many carriers that are looking to expand smartphone sales and the lucrative data-service contracts they bring to customers who aren't willing to pay for marquee devices such as Apple Inc.
Since Southwest Airlines (nyse: LUV - news - people ) pioneered its low-cost strategy 30 years ago, no-frills operators in the United States such as JetBlue (nasdaq: JBLU - news - people ) have captured a 25% share of the passengers in domestic air travel and a 15% share of the revenue.
Apple is increasingly pushing its AppleTV through a low-cost device strategy, while Microsoft is leveraging its position in the gaming market with the Xbox to become more a full fledged player in digital distribution.
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The problem with the low-cost provider strategy is that while Amazon is subsidizing the cost of incentivizing consumers and businesses to go online to shop or use cloud services, its competitors are building comparable capabilities.
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But while it has so far relied on a low-cost manufacturing strategy for its success, it is shifting gears as a restless work force and the results of its one-child policy threaten its manufacturing advantage.
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Investing in actively-managed mutual funds that charge high fees can lower your standard of living in retirement by as much as one-third over a low-cost index fund strategy.
These considerations should limit scheduled low-cost airlines to a successful niche strategy, mainly on routes to and from the United Kingdom and possibly to and from a few other Northern European countries.
The carrier recently came up with a strategy to sell low-cost 3G smartphones made by ZTE, Huawei and Lenovo that run on its 3G network.
The minister also answered a number of other questions on fuel poverty, the UK Government energy strategy and the delivery of low-cost market housing in Wales.
In a research note published yesterday, Mark Schoenebaum, a biotechnology analyst at U.S. Bancorp Piper Jaffray, said that Celgene's strategy is a prudent, low-cost attempt to get Revimid approved early.
The proliferation of low-cost index funds that track various asset classes makes the implementation of this strategy easy.
What should be the future strategy for multinational firms trying to take in this Chinese wave of raw materials imports and low-cost manufacturing and sourcing in Africa?
The best strategy to follow, while hoping that New Orleans will bounce back, is to purchase the low-cost real estate and rent it out.
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