In which of the following scenarios would an 80% learning curve be especially relevant?
A)the pursuit of an innovation strategy to stay ahead of competitors
B)the pursuit of a flexibility-based strategy to increase customer satisfaction
C)the pursuit of a customization-based strategy to command premium prices
D)the pursuit of a time-based strategy to gain market share
E)the pursuit of a quality-based strategy to gain customer loyalty

Question

Quizplus · Accepted Answer

An 80% learning curve would be especially relevant in the pursuit of a time-based strategy to gain market share because it indicates that production time will decrease by 20% with each doubling of cumulative output. This means that as production volume increases, the time required to produce each unit decreases, allowing for faster delivery to customers and improved efficiency in meeting market demand.

In Which of the Following Scenarios Would an 80% Learning