Managers can achieve cost leadership if they build internal capabilities by reengineering the processes in an organization.

Question

Quizplus · Accepted Answer

By reengineering processes within an organization, managers can identify and eliminate inefficiencies and waste, ultimately lowering costs and achieving cost leadership. This involves analyzing and redesigning the way work is done to improve efficiency, quality, and customer satisfaction.

Managers Can Achieve Cost Leadership If They Build Internal Capabilities