Which of the Following Is NOT a Principal Danger of a Low-Cost

question 45

Multiple Choice

Which of the following is NOT a principal danger of a low-cost position approach?

• A)Powerful buyers
• B)Technological change
• C)hnitation of production techniques
• D)Changes in consumer tastes
• E)Rivals lowering their costs

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Definitions:

Learning and Growth Measures

are metrics used to evaluate the effectiveness of strategies aimed at creating long-term value through employee development and organizational improvement.

Balanced Scorecard

A strategic planning and management system used to align business activities with the vision and strategy of the organization by monitoring performance against strategic goals.

Customer Measures

Metrics used by businesses to evaluate the satisfaction and experience of their customers.

Internal Business Process Measures

Metrics that evaluate the efficiency and effectiveness of a company's internal processes.