Which of the following is an example of competing on quick response?
A) A firm produces its product with less raw material waste than its competitors.
B) A firm offers more reliable products than its competitors.
C) A firm's products are introduced into the market faster than its competitors' products.
D) A firm utilizes is capacity more effectively than its competitors.
E) A firm advertises more than its competitors.

Question

Quizplus · Accepted Answer

Competing on quick response involves introducing products into the market faster than competitors. Option C is the only choice that fits this definition. Option A is an example of competing on cost, option B is an example of competing on quality, option D is an example of competing on efficiency, and option E is an example of competing on advertising.

Which of the Following Is an Example of Competing on Quick