Which of the following strategic approaches can be used to remedy internal cost disadvantages? (choose all that apply)
a. Invest in productivity-enhancing equipment or technology.
b. Relocate manufacturing to geographic areas with lower costs.
c. Detour around the activities or items where costs are high.
d. Outsource internally performed activities to vendors who can do them more cheaply.
Correct Answer
Invest in productivity-enhancing equipment or technology.
Relocate manufacturing to geographic areas with lower costs.
Detour around the activities or items where costs are high.
Outsource internally performed activities to vendors who can do them more cheaply.
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