Competitive priorities define the dimensions on which companies should excel in producing their products or services.Which one of the following statements is TRUE?
A)A firm that competes on the dimension of volume flexibility is more likely to manufacture products that experience a seasonal demand variation.
B)It is impossible for a firm to improve cost and quality simultaneously.
C)A firm offering little customization cannot compete simultaneously on the dimension of consistent quality.
D)A firm that competes on the dimension of customization tends to have operating systems that are inflexible.

Question

Quizplus · Accepted Answer

Volume flexibility refers to a company's ability to quickly adjust its production volume in response to changes in demand. Therefore, a firm that competes on the dimension of volume flexibility is more likely to manufacture products that experience a seasonal demand variation.

Competitive Priorities Define the Dimensions on Which Companies Should Excel