Multiple Choice
Which of the following companies is using cost drivers effectively to manage value chain activities cost efficiently?
A) Company A orders large amounts of supplies and keeps them stocked until customer demand rises to prevent falling behind schedule in meeting customer needs.
B) Company B uses just-in-time inventories and produces made-to-order products as and when customer demand rises.
C) Company C collects customer requests first and starts processing them only after reaching a certain number.
D) Company D routes all its supplies to a warehouse for storage and then transports them to individual factories for processing.
E) Company E substitutes lower-cost inputs with high-quality, high-cost inputs to gain customer attention and loyalty.
Correct Answer:

Verified
Correct Answer:
Verified
Q8: The generic types of competitive strategies include<br>A)market
Q11: One of the big dangers in crafting
Q44: A company's competitive strategy should<br>A)ensure it is
Q55: The competitive advantage of a best-cost provider
Q57: A broad differentiation strategy works best in
Q60: A differentiation-based competitive advantage<br>A)nearly always is attached
Q62: Which one of the following does NOT
Q65: Which of the following is NOT one
Q76: Being the overall low-cost provider in an
Q118: The culture of a company can be