Which of the Following Strategies Can American Manufacturers Follow to Survive

question 81

Multiple Choice

Which of the following strategies can American manufacturers follow to survive the drain of manufacturing operations to other countries?

• A)develop cutting-edge technologies that are difficult to replicate
• B)reduce prices
• C)switch to new products that are not manufactured elsewhere
• D)reduce quality with a view to reduce costs

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Definitions:

Core Competencies

A set of skills, talents, and activities in which a firm is particularly strong.

Porter

A person employed to carry luggage and other loads, especially in a railroad station, airport, or hotel.

Quality Standards

Established criteria or specifications for products, services, or processes to ensure they meet customer and regulatory requirements.

Mount Royal University

A public university located in Calgary, Alberta, Canada, known for its focus on undergraduate education across various fields.