Which of the following strategic concepts allow firms to achieve their missions?
A) productivity, efficiency, and quality leadership
B) differentiation, cost leadership, and quick response
C) differentiation, quality leadership, and quick response
D) distinctive competency, cost leadership, and experience
E) differentiation, distinctive competency, quality leadership, and capacity

Question

Quizplus · Accepted Answer

Differentiation, cost leadership, and quick response are widely recognized strategic concepts that help firms achieve competitive advantage and fulfill their missions by offering unique value, minimizing costs, and responding swiftly to market changes.

Which of the Following Strategic Concepts Allow Firms to Achieve