Firm X performs the individual activities of its value chain more efficiently than is competitors.Firm X most likely has a ________.
A) strategic plan
B) cost advantage
C) core competency
D) differentiation advantage

Question

Quizplus · Accepted Answer

Firm X's efficient performance of its value chain activities suggests it has a cost advantage over competitors, meaning it can produce goods or services at a lower cost than competitors.

Firm X Performs the Individual Activities of Its Value Chain