How Can a Cost Leader Use E-Business to Reduce Costs

question 74

Multiple Choice

How can a cost leader use e-business to reduce costs?

• A)by adding a sales phone line and a sales force
• B)by personally testing and evaluating job applicants
• C)by using stand-alone locations only
• D)by using web-based inventory control systems that reduce storage costs
• E)by using duplicate manual and electronic systems to avoid mistakes

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Definitions:

Balanced Scorecard

A strategic planning and management system used to align business activities with the vision and strategy of the organization, improve internal and external communications, and monitor organizational performance against strategic goals.

Report

A detailed account or statement about a specific topic, situation, or event.

Residual Income

The income that remains after subtracting all required costs of capital from the operating income.

Balanced Scorecard

A strategic planning and management system that uses a range of financial and non-financial measures to assess a company's performance.