Examlex
A low-cost position in the industry is not a valuable defense against rivals when competing on the basis of price.
Manufacturing Structures
The organization and setup of production facilities, including the arrangement of machinery, equipment, and workflow, to efficiently produce goods.
Direct Labour
The labor costs for employees who are directly involved in the production of goods or services.
Product Diversity
The variety of different products that a company produces or sells, reflecting its range of offerings in the market.
ABC System
Activity-Based Costing is a method for assigning costs to products, services, or projects based on the activities that go into them and the resources consumed by these activities.
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