There are several cost drivers that can be managed in order to establish a low-cost leadership advantage. one of the primary cost drivers is

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Business

Malik Murphy

26 April, 16:36

There are several cost drivers that can be managed in order to establish a low-cost leadership advantage. one of the primary cost drivers is

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Micah Stephenson · Answer 1

One of the primary cost drivers is : access to lower-cost input factors including raw material and labor

If we could get our hands into cheap material and labors, we could push down the total cost of production, which means that we could rake in a larger margin for our product.