Answered

Which strategy do companies use for their financial benefit?


_____ is a business strategy that companies use to reduce____ .


1st blank choices

:outsourcing

price floor

productivity


2nd blank choices

cost

savings

work

Verified Answer :

i hope this helps. good luck!!

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Answer:

The correct answer is: outsourcing; cost.

Explanation:

Outsourcing is a business strategy used by companies to reduce their cost of production.

It can be defined as the business strategy where firms hire someone from outside the firm for a work, or a good that otherwise would incur higher cost if done within the firm.

In outsourcing, both goods as well as services can be obtained from outside the firm.

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