Collaborative approaches to cost management allow the buyer

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1. Collaborative approaches to cost management allow the buyer and seller to use their resources to achieve cost goals. Two methods were discussed: Target pricing and cost-sharing. Research both topics and provide examples of products/companies who have successfully used these methods. Include factors that made each method appropriate for the example you provide.

2. If a company has $1 million to spend on a new strategy and is considering market development versus product development, what determining factors would be most important to consider? Be sure to distinguish between the two types of development.

Reference no: EM132206735

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