The key to maintaining competitive advantage,according to Dr.W.E.Deming as well as your textbook authors,is:
A) being committed to constant improvement.
B) being first to market with all products.
C) outsourcing key components.
D) challenging all market leaders.
E) stressing low-price advantage in all areas.

Question

Quizplus · Accepted Answer

Both Dr. W.E. Deming and the textbook authors emphasize the importance of constant improvement to maintain competitive advantage. This involves continually improving processes, products, and services in order to stay ahead of competitors and meet the evolving needs of customers. The other options listed are not necessarily indicative of maintaining competitive advantage.

The Key to Maintaining Competitive Advantage,according to Dr