Managers in more competitive industries are most likely to spend their time on reducing costs. The reason for spending more time reducing cost is due to the competitive nature of the industries. Firms are more likely to sell products and services at similar prices to stay competitive; therefore, it is imperative for firms to spend the time and ...
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Managers in more competitive industries are most likely to spend their time on reducing costs. The reason for spending more time reducing cost is due to the competitive nature of the industries. Firms are more likely to sell products and services at similar prices to stay competitive; therefore, it is imperative for firms to spend the time and ...
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