Which of the Following Is NOT a Value Driver of a Broad

question 25

Multiple Choice

Which of the following is NOT a value driver of a broad differentiation strategy?

• A) Create product features that appeal to a wide range of buyers.
• B) Improve customer service or add extra services.
• C) Seek out high quality inputs.
• D) Emphasize human resource management activities that improve the skills, expertise, and knowledge of company personnel.
• E) Utilize just-in-time inventories and made-to-order products when customer demand rises and that buyers consider worth the cost.

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Definitions:

Annual Inventory Cost

The total expenses associated with maintaining and managing inventory over the course of a year.

Reorder Interval

The time period between successive orders of the same product or component, important for inventory management.

Customer Service Level

A metric used to evaluate how well a company meets the needs and expectations of its customers.

Holding Cost

Expenses associated with maintaining inventory, including storage, insurance, and opportunity costs.