Which of the Following Represents the Five Key Competitive Priorities

question 28

Multiple Choice

Which of the following represents the five key competitive priorities?

• A) Cost, capacity, delivery, flexibility, inventory
• B) Cost, quality, delivery, flexibility, service
• C) Cost, quality, transportation, inventory, capacity
• D) Cost, delivery, flexibility, inventory, capacity

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Definitions:

Markdown

A reduction from the original or list price of a product, usually to boost sales or clear inventory.

Store Window

A display window in a shop showcasing items for sale or promotion to attract customers.

Dress Price

The pricing strategy specifically applied to clothing items, often considering factors such as brand, quality, and fashion trends.

Brand-Name Merchandise

Products that are marketed under a recognized, established company name, often representing quality, popularity, and market presence.