Firms that pursue cost advantage will implement different structures and systems distinguishable from those pursuing differentia
tion advantages. Among the following features, which is not typically found among firms pursuing cost advantage: a. Employee remuneration based upon individual productivity b. Frequent performance reporting c. High levels of outsourcing d. Low levels of job specialization
Firms that pursue cost advantage have effective & efficient management techniques.
Employee remuneration based upon individual productivity , Frequent performance reporting , High levels of outsourcing : are all important for proper management of firms to achieve cost advantage.
However, proper effective & efficient management cant be achieved without proper division of labour & specialisation of job. So, firms pursuing cost advantage have all features in their systems except 'Low levels of job specialization'
<span>managerial bias is the term used to describe the potential for analysis to be based on rosy or optimistic forecasts Ex: high sales projections &/or low cost projections</span>
