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

question 8

Multiple Choice

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

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

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Definitions:

Different Companies

Various organizations involved in commercial, industrial, or professional activities, each with distinct identities and business practices.

Same Work

Performing identical tasks or duties as others, often in the context of fairness or job roles.

Psychological Empowerment

A state in which individuals feel a sense of control over their work, perceive their work as meaningful, and believe they can perform competently.

Personal Fulfillment

A sense of satisfaction and achievement derived from pursuing and realizing one’s own goals, desires, or potentials.