Why is keeping cost Low the secret of success in business

What are some good tips to keep costs low? The first thing to do is to properly understand the nature of the competition and the market. Start asking why. Be brave enough to ask the why questions. the insight to ask why€ is crucial to your success because it helps you probe deeper. It’€™s the first step in diagnosing the cause to apply action. The root cause can be different from the immediate cause. The root cause can sometimes be simple. A decision maker or the person who makes the final decision may be the root cause.