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

Option C, implementing aggressive strategic resource mapping to permit across-the-board cost reduction, is not a good option for trying to remedy high internal costs vis-à-vis rivals' firms. This is because across-the-board cost reduction may lead to a reduction in necessary resources required for specific functions, resulting in quality or productivity issues. It is important to find ways to reduce costs without compromising on the quality or productivity of the product. Options A, B, D, and E are all viable options to consider for reducing internal costs while staying competitive with rival firms.

Which of the Following Is NOT a Good Option for Trying