All of the following are ways of enhancing the organization's competitive position in the product market EXCEPT:
A)staff expansion.
B)wage and salary freezes.
C)hiring freezes.
D)sharing benefits costs with employees.

Question

Quizplus · Accepted Answer

Staff expansion can actually increase an organization's operational costs rather than enhancing its competitive position in the product market. In contrast, wage and salary freezes, hiring freezes, and sharing benefits costs with employees are cost-saving measures that can improve a company's competitive stance by reducing expenses.

All of the Following Are Ways of Enhancing the Organization's