Business strategies built around functional capabilities and activities that allow the company to meet customer needs more rapidly than its main competitors are referred to as __________ strategies.

Question

Quizplus · Accepted Answer

The description clearly mentions that the strategy is focused on meeting customer needs more rapidly than competitors. This aligns with a speed-based strategy where the company prioritizes quick delivery or response times to gain a competitive advantage. The other options, cost, differentiation, and integration, do not necessarily imply a focus on speed.

Business Strategies Built Around Functional Capabilities and Activities That Allow