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.

Question

Quizplus · Accepted Answer

Not remedying the internal cost disadvantage by performing activities in the same way as done earlier means that no changes are made to the current processes and no additional investments or efforts are required. This may not be the most effective option in the long run, but it is a viable choice for companies that cannot afford or do not want to make significant changes to their operations.

An Option for Not Remedying an Internal Cost Disadvantage Includes