A firm's process strategy is ______.
A)the strategy a firm follows to produce goods and services determined by resource availability
B)the process used to allocate resources between a conglomerate's different businesses
C)the strategy used to facilitate the choice between rebate coupons and advertising to promote sales
D)the strategy used to be in compliance with government regulations

Question

Quizplus · Accepted Answer

A firm's process strategy is the strategy it follows to produce goods and services efficiently and effectively, taking into account factors such as resource availability, customer needs, and competition. It involves decisions about how best to design, layout, staff, and manage the production process to achieve the desired outcomes. The other choices are not directly related to process strategy.

A Firm's Process Strategy Is ______