Compose a paper that addresses the following points:
- Discuss and analyze the preventive approach to reduce costs.
- Explain what preventive cost reduction is, and then articulate why it is important.
- Identify and analyze an approach to reduce costs and include specific examples to support your analysis.
Support your paper with a minimum of three scholarly resources. In addition to these specified resources, other appropriate scholarly resources, including older articles, may be included.
Length: 5-7 pages, not including title and reference pages
Your paper should demonstrate thoughtful consideration of the ideas and concepts presented in the course by providing new thoughts and insights relating directly to this topic. Your response should reflect scholarly writing and current APA standards. Be sure to adhere to Northcentral University's Academic Integrity Policy.