Question 11 Previous Next> Which one of the following is an attractive and effec

Question

Question 11 Previous Next> Which one of the following is an attractive and effective way to reduce costs and help a company achieve a competitive advantage based on lower overall costs per pair sold than rival companies? Spending minimally on best practice training for plant workers Being careful to keep advertising expenditures to amounts that are below the industry average in that region Producing 500 models/styles at each plant so as to spread production run setup costs out over more models/styles Pursuing actions in each plant that result in low labor costs per unit produced--ideally, the company's labor costs per pair produced in those geographic regions where it has plants should be lower than any other company with plants in the same regions Building plants in all geographic regions so as to minimize plant shipments of newly- manufactured pairs to warehouses in a different geographic region Copying, redistributing, or website posting is expressly prohibited and constitutes copyright violation. Copyright 2018 by Glo-Bus Software, Inc.

Explanation / Answer

Answer:

As what company looking for i.e. competitive edge over other competitor. It means, if company able to produce a material less then the production cost over other competitor, company will get his goal.

so as per best of my knowledge the effective and attractive way to reduce cost is as mention below

* Pursuing action in each plant that result in low labor cost per unit produced-- ideally, the company's labor cost per pair produced in those geographic region, where it has plants should be lower than any other company with plant in same region.

Related Questions

Navigate

• Browse (All)
• Browse Q
• Subjects

---

---

Integrity-first tutoring: explanations and feedback only — we do not complete graded work. Learn more.