A major competitive dimension that forms a company's strategic operational competitive position in their strategic planning is which of the following?
A) Cost or price
B) Focus
C) Automation
D) Straddling
E) Activity-system mapping

Question

Quizplus · Accepted Answer

Cost or price is a major competitive dimension that companies use to form their strategic operational competitive position. Companies can choose to compete either on cost by offering lower prices or on differentiation by offering unique features or benefits. Lower costs can enable a company to offer lower prices to customers and still maintain profitability, thereby improving their market share and competitiveness.

A Major Competitive Dimension That Forms a Company's Strategic Operational