Question

Use the Internet and/or Strayer Library to research a publicly-traded company that manufactures technology products. Recommend one (1) approach that your selected company can take to lower either the direct labor or direct material costs of technology products while remaining competitive with global markets. Provide a rationale for your recommended approach.

Answer 1

When the company comes new to the market , it has to face a lot of problems, if it wants to make space for itself, people would like to make good quality for their products, as it does, the company has to compete so that it can stop the market. So he could make his products easier by keeping them on the labour and material with low cost

1.the company has used new technology, who's new in the market for making good and best products at low cost.

2.when the company use technology then use low workes so, company have saved money and then he used for making good quality products.

3. Company has using best quality products so the product will taking wll time to reduce her.

4. When company is using less time to making products so he can making more products and make profit.

5.company gives the bonous and gifts to workers so they motivate and do more work.

6. When the company used the best educated workers so the company growth easily and fast.

7.always makes best quality products