Strategic choice and operating decision in controlling cost
What are strategic choices and operating decisions in controlling the cost drivers?
Expert
Strategic choices and operating decisions, A company’s cost can be driven down or up by a fairly broad variety of managerial decisions:
a. Adding or cutting the services give to buyers.
b. Incorporating more or fewer quality and performance features into the product.
c. Decreasing or increasing the number of various channels utilized in distributing the firm’s product.
d. Lengthening or shortening delivery times to consumers.
e. Putting more or less stress than rivals on the use of wage increases, incentive compensation, and tassel profits to motivate employees and increase worker productivity.
f. Raising or lowering the specifications for purchased materials.KEY CONCEPT: Outperforming rivals in controlling the factors that drive costs is a more demanding managerial exercise.
Write a short note on the disadvantages of the fault trees?
Explain about the Trimming Costs.
Define the Key Concept of the business case for socially responsible behavior.
List out all the points, which must be considered whenever developing a form for gathering the information?
Illustrates the important of a distinctive competence?
What are the cases for Diversifying into the Unrelated Businesses?
Which of factor of supplier-seller relationship competitive force depends?
Write down the types of Organizational structure?
Make a list of the needs of Maslow’s hierarchy?
What do you mean by the term Feedback principle which is the part of goal setting? Explain briefly?
18,76,764
1949008 Asked
3,689
Active Tutors
1436698
Questions Answered
Start Excelling in your courses, Ask an Expert and get answers for your homework and assignments!!