Cost-minimization strategy
Revision as of 01:22, 4 December 2018 by Gary (talk | contribs) (Created page with "Cost-minimization strategy is a strategy that emphasizes tight cost controls, avoidance of unnecessary innovation or marketing expenses, and price cutting. ==Definitions...")
Cost-minimization strategy is a strategy that emphasizes tight cost controls, avoidance of unnecessary innovation or marketing expenses, and price cutting.
Definitions
According to Organizational Behavior by Robbins and Judge (17th edition),
- Cost-minimization strategy. A strategy that emphasizes tight cost controls, avoidance of unnecessary innovation or marketing expenses, and price cutting.