question archive The industry-low, industry-average, and industry-high cost benchmarks that appear on p

The industry-low, industry-average, and industry-high cost benchmarks that appear on p

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The industry-low, industry-average, and industry-high cost benchmarks that appear on p. 6 of each issue of the Footwear Industry Report
The industry-low, industry-average, and industry-h
are worth careful scrutiny by the managers of all companies because when the benchmarking data signals that a company's costs for one or more of the benchmarks are out-of-line, managers are well advised to take corrective action in the next decision round.
The industry-low, industry-average, and industry-h
are of value only to the managers of companies having negative operating profit per pair sold in one of more geographic regions.
The industry-low, industry-average, and industry-h
are of considerable value to the managers of companies pursuing a low-cost strategy but are of very limited value to company managers employing other types of strategies.
The industry-low, industry-average, and industry-h
are of little value because the benchmarking data do not identify which companies have the lowest/highest costs for any of these cost benchmarks.
The industry-low, industry-average, and industry-h
are most valuable to the managers of companies whose cost benchmarks are above the industry average and/or who are looking for evidence to confirm the need to substantially increase their efforts to secure celebrity endorsements in the upcoming decision round in order to help take branded market share away from rivals.

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