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In cost control, what is the primary focus?

Practice Questions

Q1
In cost control, what is the primary focus?
  1. Maximizing revenue
  2. Minimizing costs
  3. Ensuring quality
  4. Increasing market share

Questions & Step-by-Step Solutions

In cost control, what is the primary focus?
  • Step 1: Understand that cost control is about managing expenses.
  • Step 2: Recognize that the goal is to reduce costs.
  • Step 3: Ensure that while reducing costs, the quality of products or services is not compromised.
  • Step 4: Focus on finding ways to save money without affecting the overall value.
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