An operating income analysis of Fast Processing Company revealed the following:

Fast's operating income gain is consistent with the ________.

Question

An operating income analysis of Fast Processing Company revealed the following:

Fast's operating income gain is consistent with the ________.

Quizplus · Accepted Answer

A cost leadership strategy focuses on minimizing costs and maximizing efficiency to offer goods or services at a lower price than competitors. Fast Processing Company's operating income gain is consistent with this strategy as it indicates that the company has been able to control its operating expenses and generate higher profits. The other three options, namely product differentiation strategy, product leadership strategy and cost differentiation strategy, are not supported by the given information about Fast Processing Company's operating income.

An Operating Income Analysis of Fast Processing Company Revealed the Following