A company following the ____________ strategy approach might use performance appraisals to punish employees or weed out poor performers.
A)differentiation
B)cost leader
C)niche
D)market

Question

Quizplus · Accepted Answer

The cost leader strategy focuses on minimizing costs to offer lower prices than competitors. In this approach, performance appraisals may be used to identify and remove poor performers who could impact the company's cost structure. Punishing employees through appraisals does not align with differentiation or niche strategies, which prioritize unique value propositions and catering to specific customer needs. Market strategy refers to an overall approach taken to compete in a given industry or market and is too broad to determine the use of performance appraisals.

A Company Following the ____________ Strategy Approach Might Use Performance