Cost advantage is referred as
A. A firm achieving a lower cumulative cost of performing value activities than its competitors
B. Firm trying to outsource all relative products from one company to gain economies of scale
C. Firm trying to restrict the cost controls measure relative to its nearer competitor
D. None of the above
Answer:A
Cost advantage is referred as
A. A firm achieving a lower cumulative cost of performing value activities than its competitors B. Firm trying to outsource all relative products from one company to gain economies of scale C. Firm trying to restrict the cost controls measure relative to its nearer competitor D. None of the above