A company asked its managers to focus their efforts on improving the quality of one of its products. The new product is more advanced than those of its competitors, and customers are willing to pay more for the higher quality. By ________, this company outperformed its competitors by producing a product more efficiently and effectively than they did.
A)creating core competency
B)building a competitive advantage
C)restructuring
D)utilizing management stratification
E)employing empowerment

Question

Quizplus · Accepted Answer

The company outperformed its competitors by producing a higher quality product, which indicates it built a competitive advantage.

A Company Asked Its Managers to Focus Their Efforts on Improving