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Stratagic Cost-Activity 1

This document contains a 5 question midterm assessment from Emilio Aguinaldo College that tests students' learning on strategic cost management, cost leadership, product differentiation, just in time management, and total quality management. The assessment asks students to explain the importance of strategic cost management for firms, differentiate between cost leadership and product differentiation, list the financial benefits of just in time management, identify the major characteristics of total quality management, and explain management tools for implementing strategy and critical success factors.
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0% found this document useful (0 votes)
49 views1 page

Stratagic Cost-Activity 1

This document contains a 5 question midterm assessment from Emilio Aguinaldo College that tests students' learning on strategic cost management, cost leadership, product differentiation, just in time management, and total quality management. The assessment asks students to explain the importance of strategic cost management for firms, differentiate between cost leadership and product differentiation, list the financial benefits of just in time management, identify the major characteristics of total quality management, and explain management tools for implementing strategy and critical success factors.
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
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Download as DOCX, PDF, TXT or read online on Scribd
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EMILIO AGUINALDO COLLEGE

www.eac.edu.ph
ISO 9001:2015 CERTIFIED
` QUALITY MANAGEMENT SYSTEM

ASSESSMENT

Activity No. 1
Midterm
NAME:_____________________ DATE:__________________

Please answer these questions to test your learning from our lesson
1. What is the importance of Strategic Cost Management for firms?
2. Differentiate the aspects of Cost Leadership and Product Differentiation.
3. What are the Financial Benefits of Just in Time Management (JIT)?
4. What are the major characteristics of a Total Quality Management?
5. Please enumerate and explain the most commonly use tools that managers
practice to implement the firms broad strategy and to facilitate the achievement
of success on critical success factors.

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