The obvious strategy to increase profitability is to focus on cost structure and ensure high operating leverage.

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‘The obvious strategy to increase profitability is to focus on cost structure and ensure high operating leverage. I just don’t understand why more firms don’t go this way.’ Do you agree? Explain your answer.

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Management Accounting Information for creating and managing value

ISBN: 978-1760420406

8th edition

Authors: Kim Langfield Smith, David Smith, Paul Andon, Ronald Hilton, Helen Thorne

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Question Posted: Aug 10, 2019 08:05 AM

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The obvious strategy to increase profitability is to focus on cost structure and ensure high operating leverage.

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Management Accounting Information for creating and managing value

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