Which of the following provides an example of what AFI strategy framework is used for?
A) Using AFI, the Gasquet Motor Company was able to implement a strategy that produced high-quality cars more efficiently and thereby reduced costs.
B) Using AFI, the Chen Restaurant Group was able to improve employee benefits and thereby increase employee loyalty.
C) Using AFI, the Sanchez Clothing Company was able to implement a strategy that allowed them to give more money to charities and thereby gain good press.
D) Using AFI, the Richardson Tea Group was able to reduce the pollution it caused while processing tea and thereby receive an award.

Question

Quizplus · Accepted Answer

Managers use the AFI framework to do two things: (1) to explain and predict differences in firm performance, and (2) to help managers formulate and implement a strategy that results in superior performance. By producing high-quality cars at a low price and thereby increasing sales, the Gasquet Motor Company implemented a strategy that resulted in superior performance.

Which of the Following Provides an Example of What AFI