Managers can pursue any of several strategic approaches to reduce the costs of internally performed value chain activities and improve a company's cost competitiveness by
A)investing in productivity-enhancing,cost-saving technological improvements.
B)outsourcing internally performed activities to those able to perform the activities at a lower cost.
C)implementing the use of best practices,particularly for high-cost activities.
D)eliminating some cost-producing activities from the value chain,especially low value-added activities.
E)acquiring suppliers,rivals,or forward channel distributors.

Question

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The Answer of Managers can pursue any of several strategic approaches to reduce the costs of internally performed value chain activities and improve a company's cost competitiveness by
A)investing in productivity-enhancing,cost-saving technological improvements.
B)outsourcing internally performed activities to those able to perform the activities at a lower cost.
C)implementing the use of best practices,particularly for high-cost activities.
D)eliminating some cost-producing activities from the value chain,especially low value-added activities.
E)acquiring suppliers,rivals,or forward channel distributors.

Managers Can Pursue Any of Several Strategic Approaches to Reduce