Which of the following is true of speed as a success driver of organizational performance?
A)It is defined as the excellence of a product.
B)The requirement for speed has decreased with time.
C)Faster companies are more likely to be losers.
D)It separates the winners from the losers.
E)It is no longer considered as a strategic imperative.

Question

Quizplus · Accepted Answer

Speed is considered as a success driver of organizational performance because it separates the winners from the losers. In today's fast-paced business environment, the ability to deliver products and services quickly and efficiently is essential for staying competitive. Companies that can provide faster delivery, faster response times or faster time-to-market, are more likely to succeed than companies that cannot.

Which of the Following Is True of Speed as a Success