Identify what are the strategic methods cost parity restored
Identify what are the strategic methods cost parity restored?
Expert
When the foundation of a firm’s cost drawback is internal, managers can use any of the following strategic techniques to restore cost parity:
a. Implement the utilization of finest practices throughout the company, particularly for the high-cost activities.
b. Try to eliminate some cost-producing activities altogether by refurbishing the value chain.
c. Reposition high-cost activities to geographic regions where they can be performed more inexpensively.
d. Search out activities that can be outsourced from salespersons or performed by contractors more inexpensively than they can be done internally.
e. Invest in productivity-improving, cost-saving technological enhancements.
f. Innovate around the troublesome cost elements.
g. Make simpler the products design so that it can be assembled or manufactured more economically and quickly.
h. Try to make the internal cost drawback by achieving saves in the other two parts of the value chain system.
What are the levels of bargaining leverage?
Market strategy is continually changing, what are the steps which have to be taken in the last three months to keep up with the present trends?
State the function area strategies.
Briefly illustrate System 3 management?
Give a short introduction of the term Nutritive, Chef, Proteins, Contaminated food?
Write down the purposes of segmentation analysis?
Write down some of the disadvantages of the advertising in brief.
Briefly describe the two important cost factors which must be considered before embarking on the risk analysis?
How is real commitment to a strategy of social responsibility illustrated?
Illustrates the term Concentrated Low-Cost Strategy briefly?
18,76,764
1960616 Asked
3,689
Active Tutors
1429852
Questions Answered
Start Excelling in your courses, Ask an Expert and get answers for your homework and assignments!!