“…Low cost and differentiation strategy may be compatible approaches in dealing with competitive forces (Allen & Helms, 2006;Miller, 1992;Spanos, et al, 2004), and postulated the pursuit of what has been termed 'hybrid', 'mixed', 'integrated', or 'combination' strategies (Kim et al, 2004;Spanos et al, 2004). These 'hybrid' strategies are the ones which combine low cost and differentiation elements (Gopalakrishna & Subramanian, 2001;Proff, 2000).…”