An Organisation Can Choose to Either Minimise Cost or Maximise

question 2

True/False

An organisation can choose to either minimise cost or maximise differentiation to gain a competitive advantage.

---

Definitions:

Western Fast-food

Quick service restaurants originating from Western countries, offering rapid service and a menu of convenient, ready-to-eat food items, often high in calories and fat.

McDonald's

A global fast-food restaurant chain known for its burgers, fries, and quick service.

Custom

Custom pertains to traditional practices, habits, or behaviors that are typical to a specific culture, society, or community.

Ideology

An arrangement of beliefs and values, especially one that establishes the groundwork for political or economic theories and strategies.