Companies with efficiency-seeking strategic goals search for:

Question

Quizplus · Accepted Answer

Companies with efficiency-seeking strategic goals aim to minimize costs and maximize output, which can be achieved through economies of scale and an abundance of low cost factors. While market demand and innovation may be important factors for the company, they are not as essential as lowering costs for the company's success in achieving its strategic goals. Therefore, B is the best choice. Companies with efficiency-seeking strategic goals are focused on reducing costs and improving efficiency. Therefore, they search for economies of scale and an abundance of low-cost factors to help them achieve these goals. While strong market demand and innovative individuals are also important, they may not be the primary focus for companies with efficiency-seeking goals.

Companies with Efficiency-Seeking Strategic Goals Search For