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Cost gap

This topic has 1 reply, 2 voices, and was last updated 2 years ago by John Moffat.

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December 2, 2022 at 8:15 pm #673150
home001
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Hello sir hope you are doing well
Sir from your lecture we know that investment in training staff and investment in new technology can reduce cost gap etc.
Can we reduce the target cost by increasing profitability
December 3, 2022 at 8:07 am #673184
John Moffat
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No. It is the other way round in that if we reduce the cost we will increase the profits.
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