Cost competitiveness and role of CMA
Material type: Mixed materialsPublication details: 2013Description: 392-393Subject(s): NLM classification:- 658.1552
Item type | Current library | Call number | Vol info | Status | Date due | Barcode | |
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Periodicals/Magazines | SSCBS Library | 48/4 | Available | P15010 |
The word competition and cost are dependent on each other. Unless there is competition no body will be cost conscious. So competition makes cost means to be able to participate or to be in the business against similar produce or design. Competition is the most important in the economic activities to be cost conscious. It does not mean to use inferior inputs or poor workmanship to be compititive. However it is also not desirable to sell the products/services at predatory price for the sakeof competition.
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