A Company Can Gain a Cost Competitive Advantage By

question 60

Multiple Choice

A company can gain a cost competitive advantage by:

• A)reorganizing functional departments into cross-disciplinary teams.
• B)manufacturing highly customized products.
• C)providing extra options on products or services.
• D)manufacturing products using high-cost production techniques.

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Definitions:

Work Teams

Groups of individuals who collaborate to achieve a shared goal or task, typically within a professional setting.

Prolonged Conflicts

Disputes or disagreements that continue over a long period, often causing long-term negative impacts on relationships or organizational effectiveness.

Middle-Management

A level of management in an organization that is intermediate between senior executives and the operational workforce, often responsible for executing organizational policies and strategies.

Discretion

Discretion involves the ability to make decisions or take actions based on one's own judgment, often in situations where the rules may not be clear or where sensitivity is required.