"I can do the same thing more efficiently than you can" is a strategy for ___________.
A) Cost leadership
B) Customer oriented
C) Differentiation
D) Innovation
E) Operational effectiveness

Question

Quizplus · Accepted Answer

The strategy of "I can do the same thing more efficiently than you can" is a key aspect of operational effectiveness, which focuses on improving business operations and processes to reduce costs and improve efficiency. This strategy is not focused on offering unique products or services (differentiation) or innovating to create new products or services (innovation). It also does not necessarily prioritize maximizing customer satisfaction (customer orientation), but rather aims to deliver the same product or service as competitors but at a lower cost. Therefore, the best choice is E, operational effectiveness.

"I Can Do the Same Thing More Efficiently Than You