Which Type of Strategy Emphasizes Low Overhead and Inventory,and a Limited

question 24

Multiple Choice

Which type of strategy emphasizes low overhead and inventory,and a limited assortment of products to attract customers?

• A) Flexibility
• B) Quality
• C) Low-cost
• D) Dependability
• E) Consistency

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Definitions:

Operating Assets

Assets that are used for the day-to-day operations of a business, including both current and non-current assets.

Net Operating Income

The total profit of a company after operating expenses are subtracted, but before deducting interest and taxes.

Return On Investment (ROI)

A metric for assessing how well an investment does by comparing what it returns against what it costs.

Minimum Required Rate

The lowest acceptable rate of return on an investment, as determined by management or investors.