How Can a Cost Leader Use E- Business to Reduce

question 56

Multiple Choice

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

• A) By using stand- alone locations only.
• B) By adding a sales phone line and a sales force.
• C) By using web- based inventory control systems that reduce storage costs.
• D) By personally testing and evaluating job applicants.

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Definitions:

Flexibility

The ability to adapt to changes, challenges, or new requirements with ease and minimal disruption.

Cultural Distance

Refers to the difference in cultural values and beliefs between countries or societies, affecting international business operations and interactions.

Impedes Communication

Hinders or obstructs the effective exchange of information between individuals or groups.

Gen Y

Also known as Millennials, a demographic cohort following Generation X and characterized by their birth years from the early 1980s to the late 1990s.