Develop New Ideas

MANAGE COSTS EFFECTIVELY

Develop your own unique approaches to cost management:

• Typical costs: What costs does the typical business incur?

• Cost Productivity: How do you measure cost productivity easily and practically?

• Economies of scale: Are unit costs declining over time?

• Audio Tip: Reducing the Unit Cost of a Product

See: Step 30 in the Basic Strategy Guide

<Return to Improve Your Ability to Manage Costs