What is the focus of an enterprise that has a cost leadership strategy design factor?
What is the focus of an enterprise that has a cost leadership strategy design factor?
An enterprise with a cost leadership strategy focuses on becoming the lowest-cost producer in the industry. The primary aim is to achieve competitive pricing by minimizing costs, which is generally a short-term goal to rapidly gain market share and maintain profitability by offering lower prices than competitors.
C. Short-term cost minimization
Ans C. Book: COBIT 2019- Framework Introduction and Methodology Figure 4.5 Enterprise Strategy Design Factor Page 23 The enterprise has a focus on short-term cost minimization
C. Short-term cost minimization is the correct answer
Correct answer is C per COBIT 2019 Framework Introduction Methodology, page 24, chapter 4.
i have no idea how you pick answers!! its clearly written in page 23 short term .
Correct Answer is C. Figure 4.5 Page 23. Cobit 2019 Framework Intro & Methodology
C. Short-term cost minimization An enterprise with a cost leadership strategy design factor typically focuses on short-term cost minimization. The primary goal is to achieve a competitive advantage by becoming the low-cost producer or service provider in the industry. This often involves minimizing costs in the short term to offer products or services at a lower price than competitors, which can lead to increased market share and profitability.
Short-term cost minimization
Page #23
C - Cost Leadership explanation on Introduction and Methodology page 23