What are the major avenues for achieving a cost benefit
What are the major avenues for achieving a cost benefit?
Expert
The two main Avenues for Achieving a Cost benefit:
1. To achieve a cost benefit, a firm must confirm that its cumulative costs across its finish value chain are lower than competitors’ cumulative costs.
2. Controlling the Cost Drivers: here, some main cost drivers that come into play in determining a company’s costs in each activity part of the value chain.
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