After conducting a value analysis, a company is able to:
A)reduce purchasing costs.
B)evaluate the merits of one product in relation to that of its competitor(s).
C)identify product defects.
D)increase product value.

Question

Quizplus · Accepted Answer

Value analysis primarily focuses on reducing costs by examining the functions of a product and finding ways to achieve those functions at a lower cost, often leading to reduced purchasing costs.

After Conducting a Value Analysis, a Company Is Able To