A firm's process strategy is its approach to transforming resources into goods and services.

Name: A firm's process strategy is its approach to transforming resources into goods and services.
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Quizplus · Accepted Answer

This statement is true. A firm's process strategy involves decisions regarding the methods, machines, and technology used to transform inputs into outputs, as well as how tasks are sequenced and how resources are allocated to maximize efficiency and quality in the production process.

A Firm's Process Strategy Is Its Approach to Transforming Resources