Cost efficiency is determined by which of the following drivers?
A
Supply Costs, Experience, Product/Process Design and Economies of Scale
B
Supply Costs & Economies of Scale
C
Product/Process Design and Economies of Scale
D
Experience
Correct Answer: Supply Costs, Experience, Product/Process Design and Economies of Scale
Cost efficiency is determined Supply Costs, Experience, Product/Process Design and Economies of Scale. Cost efficiency is the strategic choice for many construction companies.