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

The option of performing activities in the same way as done earlier allows the company to maintain its status quo and not incur any extra costs associated with implementing changes. However, this option may not be sustainable in the long run and may result in the company being outperformed by competitors who are more cost-efficient.

An Option for NOT Remedying an Internal Cost Disadvantage Includes