Turning Cost Cutting into Cost Competitiveness: Empirical Evidence from Some Selected Companies
DOI:
https://doi.org/10.33516/maj.v49i5.38-45pAbstract
This study is an attempt to look into the importance of managing cost components in order to improve the competitive strength of a firm where sample firms were selected from six different industrial sectors, three from the best industry and three from worst industry. Competitiveness is the ability or performance of an organization to do better in a particular time frame. To be cost competitive in the market company should provide better quality of products at a relatively lower cost as compared to other competitors.Downloads
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