Description: STRATEGIC COST MANAGEMENT
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Using the value chain as the organizaing framework, this class explores how firms design business processes and management information systems to achieve strategic advantage through a competitive cost structure. Competitive cost structures are increasingly obtained, not through technical efficiencies of a single firm, but through innovative collaboration among firms--what has been termed the extended enterprise. Thus more than half of the course considers strategic cost management at the boundaries of the firm--where the firm interacts with suppliers, strategic alliance partners, customers and society.
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Instructor: S. Anderson