Both cost leadership and differentiated firms can improve on execution through:
A)Improved automation and a higher output of products.
B)Benchmarking and total quality management.
C)Cost cutting and downsizing of personnel.
D)Improvements in product development.

Question

Quizplus · Accepted Answer

Both cost leadership and differentiated firms can benefit from benchmarking and total quality management to improve their execution. Automation and higher output may be more relevant for cost leadership firms, cost cutting and downsizing for struggling firms, and product development for differentiated firms, but none of these options apply equally to both cost leadership and differentiated firms.

Both Cost Leadership and Differentiated Firms Can Improve on Execution