A fast-food restaurant stocks bread, meat, sauces, and other main ingredients, but does not assemble and cook its burgers and sandwiches until a customer places an order. Which cost driver is the restaurant efficiently using to cut costs?
A) supply chain efficiencies
B) economies of scale
C) incentive systems and culture
D) bargaining power
E) capacity utilization
Correct Answer:
Verified
Q1: While there are many routes to competitive
Q2: A company's competitive strategy should
A)ensure it is
Q4: The generic types of competitive strategies include
A)market
Q5: How valuable a low-cost leader's cost advantage
Q6: Domino's Pizza has a well-known slogan: "We'll
Q7: Whatever strategic approach is adopted by a
Q8: A boutique hotel chain provides upscale rooms
Q9: Achieving a sure-cost advantage over rivals entails
A)concentrating
Q10: All other things being equal, the "best"
Q11: Low-cost leaders who have the lowest industry
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