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17 June, 12:36

A company can gain a cost competitive advantage by:

a. reorganizing functional departments into cross-disciplinary teams.

b. manufacturing highly customized products

c. providing extra options on products or service

d. manufacturing products in small quantities

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Answers (1)
  1. 17 June, 12:54
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    The correct answer to the following question is option A) by reorganizing the functional departments in to cross disciplinary teams.

    Explanation:

    A company can gain cost competitive advantage by reorganizing their functional departments in to cross functional department. Cross functional team can be defined as a team in there are different members who have expertise in different areas and all of them are working towards achieving the same objective and goal. This is done because it gives a creative approach to achieve the targets, which can give a company a substantial competitive advantage in the market over their competition.
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