Which of the Following Is the Best Example of Competing

question 74

Multiple Choice

Which of the following is the best example of competing on low-cost leadership?

• A) A firm produces its product with less raw material waste than its competitors do.
• B) A firm offers more reliable products than its competitors do.
• C) A firm's products are introduced into the market faster than its competitors' products are.
• D) A firm's research and development department generates many ideas for new products.
• E) A firm advertises more than its competitors do.

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Definitions:

Formaldehyde

A colorless, strong-smelling gas used in various manufacturing processes and as a preservative in medical laboratories.

Germicide

A substance or agent that kills germs, especially pathogenic microorganisms.

Sporicide

An agent specifically formulated to kill spores, which are highly resistant forms of bacteria.

Ultrasonic Cleaning

A cleaning process that uses ultrasonic waves in a solution to remove dirt and contaminants from objects.