Both Cost Leadership and Differentiated Firms Can Improve on Execution

question 35

Multiple Choice

Both cost leadership and differentiated firms can improve on execution through:

• A)Improved automation and a higher output of products.
• B)Benchmarking and total quality management.
• C)Cost cutting and downsizing of personnel.
• D)Improvements in product development.

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Definitions:

Androgen

A group of hormones that play a role in male traits and reproductive activity, present in both males and females.

Correlation Coefficient

A statistical measure that indicates the extent to which two variables change together.

Status and Resources

Refers to the standing or rank of individuals or groups in a society and the material or non-material assets they possess.

Opportunities Afforded

The possibilities or chances for something to happen, made available by specific conditions or situations.