Controlling costs across the entire value chain often requires a trade-off between the individual elements of the value chain.

Question

Quizplus · Accepted Answer

This is because cost reductions in one element of the value chain may require investments or sacrifices in other elements. Therefore, it is often necessary to balance the costs across the value chain to achieve optimal efficiency and profitability.

Controlling Costs Across the Entire Value Chain Often Requires a Trade-Off