Question

Which of the following strategic concepts allow a firm to achieve its missions? A) productivity, efficiency, and quality leadership B) differentiation, cost leadership, and response C) differentiation, quality leadership, and response D) distinctive competency, cost leadership, and experience E) differentiation, distinctive competency, quality leadership, and capacity

Answer 1

Answer:

The correct answer is B

Explanation:

Strategic concept is the course of action which is to be accepted as a consequence of the estimate or determine the strategic situation or condition. It is a statement which is flexible to permit the use in economic form.

In order to accomplish the mission, one needs to have differentiating in the products from others, charge low cost and to response quickly to the needs as well as the queries of the customer.