Which One of the Following Statements Is TRUE About the Relationship

Multiple Choice

Which one of the following statements is TRUE about the relationship between learning curves and competitive strategy?

A) Knowing where your process is on the learning curve will enable you to make frequent product modifications.
B) Firms that emphasize low cost in their competitive strategy strive to move down the learning curve by increasing volume.
C) Learning curves enable managers to project fixed manufacturing costs for future production quantities.
D) Projecting the impact of learning curves into the future is one effective way of reducing the impact of environmental uncertainty.