Which strategy for competitive advantage improves the manner in which internal business processes are executed so that a firm performs similar activities better than its rivals?
A)Cost leadership
B)Differentiation
C)Innovation
D)Operational effectiveness

Question

Quizplus · Accepted Answer

Operational effectiveness focuses on improving internal business processes to achieve better performance compared to competitors. Cost leadership emphasizes on cost reduction, while differentiation involves creating unique products or services. Innovation focuses on introducing new ideas and products to the market. Therefore, D is the correct answer.

Which Strategy for Competitive Advantage Improves the Manner in Which