An Option for Not Remedying an Internal Cost Disadvantage Includes

question 24

Multiple Choice

An option for not remedying an internal cost disadvantage includes

• A)investing in productivity-enhancing, cost-saving technological improvements.
• B)redesigning the product or some of its components to facilitate speedier and more economical manufacture or assembly.
• C)implementing the use of best practices throughout the company, particularly for high-cost activities.
• D)eliminating some cost-producing activities altogether by revamping the value chain.
• E)performing activities in the same way as done earlier.

---

Definitions:

Unemployment

A situation where individuals who are capable and willing to work are unable to find employment.

Unemployment Insurance

A government program that provides temporary financial assistance to eligible workers who have lost their jobs.

Job Security

The probability that an individual will retain their job over time, often influenced by economic conditions, employer decisions, and job performance.

Unemployment Insurance

Financial support provided by the state for individuals who are temporarily out of work, helping them to meet their financial needs.