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both questions What is the most appropriate way to achieve a cost advantage over competitors? a. Keeping salary levets lower than those of competitars b.

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What is the most appropriate way to achieve a cost advantage over competitors? a. Keeping salary levets lower than those of competitars b. Comvincins management to work for below market salaries C. Eliminating costly and non-crucial activises and increasing the efficiency of essential value chairt activities to levels above that of nuals d. Being the first in the market to adopt the latest technologies related but notlimited to efficient production e. Outsourcing costly activities to outside parties Question 10 Which of the following is NOT an action that a company pursuing cost-effectiveness would perform? a. Operating manufacturing facilities at >100% capacity b. Improving the efficiency of the supply chain c. Redesigning products to eliminate features that create high costs but are attractive to customers d. Leveraging economies of scale e. Leveraging experience and learning curve effects

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