Ask Question
BusinessBusiness
20 June, 05:39

Which of the following is an example of competing on quick response? A) A firm produces its product with less raw material waste than its competitors. B) A firm offers more reliable products than its competitors. C) A firm's products are introduced into the market faster than its competitors' products. D) A firm utilizes is capacity more effectively than its competitors. E) A firm advertises more than its competitors

+3
Answers (1)
  1. 20 June, 06:00
    0
    C) A firm's products are introduced into the market faster than its competitors' products.

    Explanation:

    Quick response refers to shorten the delivery time of products and services to meet the need of customers at the right moment. This is a way to survive the competition and increase the customer satisfaction. According to this, an example of competing on quick response wil be that a firm's products are introduced into the market faster than its competitors' products as the firm will be having a better delivery time than the competition which will allow it to put the goods first in the market which will give it an advantage by being first.
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “Which of the following is an example of competing on quick response? A) A firm produces its product with less raw material waste than its ...” in 📗 Business if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.
Search for Other Answers
You Might be Interested in
On three examinations, you have grades of 88, 78, and 86. there is still a final examination, which counts as one grade. a. in order to get an a, your average must be at least 90.
Answers (1)
Working regular hours is a drawback of being a wage earner ... true or false
Answers (2)
What three ways can music be transmitted?
Answers (1)
Risk events include completing work sooner than planned or at an unexpectedly reduced cost, collaborating with suppliers to produce better products, and obtaining good publicity from the project
Answers (1)
Box Elder Power Company expects to operate at 85% of productive capacity during May. The total manufacturing costs for May for the production of 40,000 batteries are budgeted as follows: Direct materials $240,000 Direct labor 100,000 Variable
Answers (1)
New Questions in Business
Prior to a basketball game, coach keating shakes his players' hands. each player then gives the others a fist bump and a hug. in contrast, coach lopez wishes the players luck and then the team goes through a cheer.
Answers (1)
On January 1, Whispering Winds Corp. had 62,600 shares of no-par common stock issued and outstanding. The stock has a stated value of $4 per share. During the year, the following transactions occurred. Apr.
Answers (1)
The phases of project management are: A. planning, scheduling, and controlling. B. planning, programming, and budgeting. C. planning, organizing, staffing, leading, and controlling. D. different for manufacturing projects than for service projects.
Answers (1)
Fun toyz corporation makes skateboards, which it sells to consumers, including holly and ira. due to a defect, holly is injured while using her new board. ira's board has the same defect, but he is not injured.
Answers (1)
What is the best definition for profit?
Answers (2)
Home » Business » Which of the following is an example of competing on quick response? A) A firm produces its product with less raw material waste than its competitors. B) A firm offers more reliable products than its competitors.
Sign Up Forgot Password?