Companies that compete on ______________ recognize the advantages of time-based competition.
A)cost
B)speed
C)flexibility
D)quality

Question

Quizplus · Accepted Answer

Companies that compete on speed recognize the advantages of time-based competition, which involves delivering products or services quickly and efficiently to gain a competitive advantage in the market. This can include minimizing production time, reducing delivery times, and providing instant customer service. Such companies often use strategies like just-in-time production, agile development, and rapid prototyping to speed up their processes and stay ahead of the competition.

Companies That Compete on ______________ Recognize the Advantages of Time-Based