The value that potential customers place on product cost and delivery time determines a company's
A)customer needs.
B)competitive strategy.
C)supply chain surplus.
D)product life cycle.

Question

Quizplus · Accepted Answer

The value that potential customers place on product cost and delivery time ultimately determines a company's competitive strategy, as the company must decide how to position itself in the market relative to its competitors based on these factors. The other options (customer needs, supply chain surplus, and product life cycle) are important considerations for a company, but do not directly relate to how the company chooses to compete in the market.

The Value That Potential Customers Place on Product Cost and Delivery