An Option for NOT Remedying an Internal Cost Disadvantage Includes

question 52

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:

Corporate Level

Pertaining to high-level decision-making and strategy formulation in a business organization, often involving executives and board members.

Strategy

An elevated strategy purposed to accomplish one or several objectives amidst uncertain circumstances.

Board of Directors

A group of individuals elected by shareholders to oversee the activities and governance of a corporation, ensuring it's run properly and profitably.

Corporate Level

The corporate level refers to the highest level of organizational strategy and decision making, often pertaining to the entire enterprise rather than specific divisions or products.