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When the organisational requirements advocate tight cost control; frequent, detailed control reports; structured organisation and responsibilities and incentives based on meeting strict quantitative targets, then it is called:
  • a)
    Differentiation strategy
  • b)
    Focus strategy
  • c)
    Diversification strategy
  • d)
    Overall cost leadership
Correct answer is option 'D'. Can you explain this answer?
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When the organisational requirements advocate tight cost control; freq...
When the organisational requirements advocate tight cost control; frequent, detailed control reports; structured organisation and responsibilities and incentives based on meeting strict quantitative targets then it is called overall cost leadership. The aim of the cost leadership is to open up a sustainable cost advantage over competitors and the use lower cost as a basis for either under-pricing competitors and gaining market share at their expense or earning a higher profit margin by selling at the going price.
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When the organisational requirements advocate tight cost control; frequent, detailed control reports; structured organisation and responsibilities and incentives based on meeting strict quantitative targets, then it is called:a)Differentiation strategyb)Focus strategyc)Diversification strategyd)Overall cost leadershipCorrect answer is option 'D'. Can you explain this answer?
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When the organisational requirements advocate tight cost control; frequent, detailed control reports; structured organisation and responsibilities and incentives based on meeting strict quantitative targets, then it is called:a)Differentiation strategyb)Focus strategyc)Diversification strategyd)Overall cost leadershipCorrect answer is option 'D'. Can you explain this answer? for UGC NET 2024 is part of UGC NET preparation. The Question and answers have been prepared according to the UGC NET exam syllabus. Information about When the organisational requirements advocate tight cost control; frequent, detailed control reports; structured organisation and responsibilities and incentives based on meeting strict quantitative targets, then it is called:a)Differentiation strategyb)Focus strategyc)Diversification strategyd)Overall cost leadershipCorrect answer is option 'D'. Can you explain this answer? covers all topics & solutions for UGC NET 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for When the organisational requirements advocate tight cost control; frequent, detailed control reports; structured organisation and responsibilities and incentives based on meeting strict quantitative targets, then it is called:a)Differentiation strategyb)Focus strategyc)Diversification strategyd)Overall cost leadershipCorrect answer is option 'D'. Can you explain this answer?.
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