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Financial And Cost Studies – sms-co

Financial And Cost Studies

A Competitive advantage is achieved through several factors, the most important of which is the reduction of production costs, which is considered the basis to determine the price of products to make the greatest possible profit.
There must be a thorough and careful study of the cost, and a mechanism that governs its rules has to be created in order to be able to show products’ marginal costs.
When the real sales and profitability targets become crystal clear, the marketing and sales team appoints several factors to be followed for the product to achieve its best marketing position and show its excellence level apart from other similar products in the market.