...Advantage Process Building cost advantage Michael Porter identified the major cost drivers of a firm as economies of scale, location, learning, capacity utilization, linkages, interrelationships, integration, timing, discretionary policies, and institutional factors (Ch.3, pp. 62 – 118). When a firm’s operations are analyzed as detailed actions, scope for optimizing costs and building up efficiencies emerges. These possibilities are discussed below, excluding the more obvious ones like scale of operations, location or outsourcing. Learning: Productivity improves as the process of learning to do a task attains peak level. It provides opportunities - from a complex machine center operation... ?(your Cost...