Which of the following is critical for a firm adopting a cost reduction strategy? 

A). The strategy is focused on reducing internal production costs 

B). The methods of achieving cost reductions are difficult to imitate 

C). The firm must be the first to adopt the cost reduction strategy 

D). The strategy reduces costs by at least 10%

Answer rating: 100% (QA)

A The strategy is focused on reducing internal production costs Explanation Cost R... View the full answer