In Terms of Business Strategy as a Driver of Operations

question 84

Short Answer

In terms of business strategy as a driver of operations, 3M uses the _________ strategy, while FedEx uses the _________ strategy.
quality; dependability
flexibility; dependability
quality; flexibility
lower price; quality
lower price; flexibility

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Definitions:

Conglomerates

A conglomerate is a large corporation composed of diverse companies operating in various industries under one corporate group.

Fast-Food Workers

Employees working in the fast-food industry, often characterized by low wages and limited job security.

Admiration

A feeling of great respect and approval towards someone or something, often inspired by their abilities, qualities, or achievements.

Corporations

Legal entities that are separate and distinct from their owners, established to conduct business, borrow money, hire employees, own assets, and pay taxes.