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.
Illustrates a risk of strategies to represent negotiations and selecting competitive strategy?
Write down the four systems of management proposed by ‘Likert’?
Write down the steps in the organizational structure?
In the process mapping, what are considered to establish the success factors?
Write down when a company can advertise a ‘going out of business sale’ in brief.
Explain the industry and competitive environment of a company.
Identify why ethical conduct is valuable in benchmarking.
implication of learning on managerial performance
Write down the various kinds of rooms exists in a hotel?
Unwanted marketing should be a crime describes your opinion briefly?
18,76,764
1941928 Asked
3,689
Active Tutors
1427272
Questions Answered
Start Excelling in your courses, Ask an Expert and get answers for your homework and assignments!!