Multiple Choice
Managers can pursue any of several strategic approaches to reduce the costs of internally performed value chain activities and improve a company's cost competitiveness by
A) investing in productivity-enhancing,cost-saving technological improvements.
B) outsourcing internally performed activities to those able to perform the activities at a lower cost.
C) implementing the use of best practices,particularly for high-cost activities.
D) eliminating some cost-producing activities from the value chain,especially low value-added activities.
E) acquiring suppliers,rivals,or forward channel distributors.
Correct Answer:

Verified
Correct Answer:
Verified
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