Question

In what ways cost leadership in managing lower per unit cost of value creation can be sustained

Answer 1

High levels of productivity.

High capacity utilisation.

Use of bargaining power to negotiate the lowest prices for production inputs.

Lean production methods (e.g. JIT)

Effective use of technology in the production process.

Answer 2

Answer:

High levels of productivity.

High capacity utilisation.

Use of bargaining power to negotiate the lowest prices for production inputs.

Lean production methods (e.g. JIT)

Effective use of technology in the production process.