"If every manager minimizes the cost of the process he or she supervises, overall costs of the company will decrease."
Would this be a wise strategy, Why or why not?© BrainMass Inc. brainmass.com September 19, 2018, 12:39 pm ad1c9bdddf - https://brainmass.com/business/cost-minimization-strategies/is-it-a-wise-strategy-to-minimize-the-cost-of-the-process-440866
Although it is a wise strategy to minimize the cost of a process when possible, it is also necessary to look at sacrificed opportunities because of that minimization. In other words, there are both explicit costs and ...
A discussion about whether it is always a wise strategy to minimize the cost of a process.