Strategic Cost Management Lecture Quiz

Establishing a basic strategy and selecting a course of action

Creating a reason for customers to choose the company over competitors (correct)

Mobilizing people to carry out plans and run routine operations

Offering higher quality products than competitors

Delivering products and services faster, more conveniently, and at a lower price than competitors

Offering higher quality products than competitors

Mobilizing people to carry out plans and run routine operations

Understanding and responding to individual needs better than competitors (correct)

Product leadership

Planning and specifying action implementation

Operational excellence

Target customers (correct)

<p>Mobilizing people to carry out plans and run routine operations</p> Signup and view all the answers

<p>Customer intimacy, operational excellence, product leadership</p> Signup and view all the answers