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Which can secure sustainable cost advantage over competition

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Reference no: EM131442845

Assignment: Accounting Practices for Managers

Respond to the following:

• What can you learn from the financial statements of competitors that determine the relative cost position of your company?

• What are some of the ways in which you can secure a sustainable cost advantage over the competition?

• How does maintaining a strong understanding of relative costs help you maintain the competitive advantage?

• How do you use cost structure to differentiate products? Do you think product differentiation is a successful growth strategy? Why or why not?

• What is the usefulness of conducting a customer profitability analysis?

Reference no: EM131442845

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