Pressures to 'reduce costs' require that
A) a company should not trade idiosyncratic preferences in product features for higher economic returns.
B) a company must pursue what is economically beneficial to the company including maximizing economies of scale and learning curve effects.
C) the manager should follow a multidomestic strategy to maximize the economic benefits to the company.
D) the company needs to supplement the local foreign economy in a manner specified by the local government.

Question

Quizplus · Accepted Answer

Reducing costs often involves pursuing strategies that are economically beneficial to the company, such as maximizing economies of scale and learning curve effects, which can lower per-unit costs and improve efficiency.

Pressures to 'Reduce Costs' Require That