Why is cost control so important with competing with firms


Homework: Strategic Importance Assessment

Instructions

In today's global markets, many companies source, produce, transport and sell products internationally. Firms seek to maximize potential sales, while minimizing costs and production/distribution time. In this environment, explain the strategic importance of the operations and supply chain management function.

Be sure to address:

o How can a company use operations/supply chain management to make them more competitive?

o Why is cost control so important with competing with other firms?

o How have global factors come into play?

Format your homework according to the following formatting requirements:

o The answer should be typed, using Times New Roman font (size 12), double spaced, with one-inch margins on all sides.

o The response also includes a cover page containing the title of the homework, the student's name, the course title, and the date. The cover page is not included in the required page length.

o Also include a reference page. The Citations and references must follow APA format. The reference page is not included in the required page length.

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Strategic Management: Why is cost control so important with competing with firms
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