Which of the following is not a good option for trying to remedy high internal costs vis-à-vis rivals firms?
A) Investing in productivity-enhancing,cost-saving technological improvements
B) Redesigning the product or some of its components to permit more economical manufacture or assembly
C) Implementing aggressive strategic resource mapping to permit across-the-board cost reduction
D) Outsourcing high-cost activities to vendors or contractors who can perform them more economically
E) Relocating high-cost activities (like manufacturing)to geographic areas (such as China or Latin America or Eastern Europe)where they can be performed more cheaply

Question

Quizplus · Accepted Answer

Implementing aggressive strategic resource mapping to permit across-the-board cost reduction is not a recommended option as it does not involve any specific actions to reduce costs, but rather focuses on identifying and optimizing existing resources to reduce costs. This approach may not be effective in achieving significant cost savings and may not be competitive with other firms that are taking more targeted cost-cutting measures. The other options listed (A, B, D, and E) are all viable options for reducing internal costs and improving competitiveness.

Which of the Following Is Not a Good Option for Trying