Which of the following is NOT a benefit of rapid response time?
A)
It can help gain competitive advantage over rival companies.
B)It strengthens brand loyalty.
C)It decreases the amount the company can charge for products.
D)It allows for differentiation of product offerings.
E)It gives the opportunity for a company to charge a premium price.

Question

Quizplus · Accepted Answer

Rapid response time is beneficial for gaining competitive advantage, strengthening brand loyalty, differentiation of product offerings, and providing the opportunity to charge a premium price. However, it does not decrease the amount the company can charge for products as it is often seen as a value-added feature that customers are willing to pay more for.

Which of the Following Is NOT a Benefit of Rapid