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Managerial Accounting: The Corners...
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Managerial Accounting: The Corners...
In terms of strategic positioning, which two general strategies may be chosen by a company?
- a. Revenue production and cost enhancement
- b. Activity-based costing and value chain emphasis
- c. Increasing customer value and decreasing supplier orientation
- d. Cost leadership and product differentiation
- e. Product differentiation and cost enhancement
Identify the two types of general strategies that may be chosen by a company to achieve its strategic positioning.
Strategic Positioning:
Identifying strategies that increase the customer value and creating competitive advantage with the help of cost information is known as strategic positioning.
d.
Cost leadership and product differentiation may be chosen by a company to achieve its strategic positioning. Cost leadership helps the organization in reducing the costs of product and product differentiation helps the organization in identifying the taste and demands of the consumer. Therefore, this option is correct.
a.
Revenue production and cost enhancement is related with the inventory control...
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