Which of the following is NOT a good option for trying to remedy high internal costs vis-à-vis rivals' firms?
A) Finding ways to detour around activities or items where costs are high
B) Redesigning the product or some of its components to permit more economical manufacture or assembly
C) Implementing aggressive strategic resource mapping to permit across-the-board cost reduction
D) Outsourcing high-cost activities to vendors or contractors who can perform them more economically
E) Relocating high-cost activities (like manufacturing)to geographic areas (like China or Latin America or Eastern Europe)where they can be performed more cheaply

Question

Quizplus · Accepted Answer

Implementing aggressive strategic resource mapping to permit across-the-board cost reduction is not a good option for remedying high internal costs vis-à-vis rivals' firms because it is not a specific method for reducing costs. Instead, it is a general strategy that involves analyzing the company's resources and capabilities and finding ways to allocate them in the most efficient and effective manner. While this can lead to cost reductions, it is not a direct approach and may not address specific high-cost activities or items. The other options listed (A, B, D, and E) are all effective methods for reducing costs by addressing specific areas of inefficiency.

Which of the Following Is NOT a Good Option for Trying