Which of the following are managers most likely to monitor whether using product differentiation or low-cost production strategy?
A)Customer satisfaction
B)The production process
C)External information such as competitor actions
D)None of these ans choices are correct.

Question

Quizplus · Accepted Answer

Managers would most likely monitor external information such as competitor actions to determine whether to use a product differentiation or low-cost production strategy. They would want to be aware of what their competitors are doing so they can adjust their own strategy accordingly. Customer satisfaction and the production process are important factors, but they may not be the primary focus when choosing which strategy to use.

Which of the Following Are Managers Most Likely to Monitor