The Major Avenues for Achieving a Cost Advantage Over Its

Multiple Choice

The major avenues for achieving a cost advantage over its rivals include

A) eliminating or curbing nonessential cost-producing activities and performing essential value chain activities more cost-effectively than its rivals.
B) having a management team that accepts below-market salaries.
C) being a first mover in adopting the latest state-of-the-art technologies,especially those relating to low-cost manufacturing.
D) outsourcing high-cost activities to offshore vendors.
E) paying lower wages to its hourly workers than what rivals are paying their workers.