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Write a blog post that describes how to reduce costs in an organization and includes effective communications strategies that organizations can use for different stakeholders.
Write a blog post that describes how to reduce costs in an organization and includes effective communications strategies that organizations can use for different stakeholders. Specifically, you must address the following rubric criteria: Explain how activity-based costing gives greater visibility into the cost components of the organization. Describe how just-in-time inventory methods help reduce the overall carrying costs of the organization's inventory. Describe the connection between quality standards and cost reduction in the organization. Determine how continuous improvement strategies enhance the net income of the organization. Summarize effective communication methods for the organization's various stakeholders. Discuss modifications that can be made to communications strategies to meet the needs of the organization's intended stakeholders
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