Asked by
Karli Anderson
on Oct 23, 2024
Verified
Operating efficiencies is one way organizations can gain competitive advantage.
Competitive Advantage
The unique attributes or conditions that allow an organization to outperform its competitors.
Operating Efficiencies
The ability of an organization to minimize costs and resource use while maximizing output and performance.
- Understand how operating efficiencies contribute to competitive advantage.
Verified Answer
YV
Learning Objectives
- Understand how operating efficiencies contribute to competitive advantage.
Related questions
The Key Result of Achieving a Competitive Advantage Is an ...
Typical Operations Management Decisions Address All of the Following EXCEPT ...
A Harvard Business Review Survey Ranked Which of the Following ...
Operating Efficiencies That Increase Productivity Can Result in ...
Betty's Breads Is a Local Operation That Has Succeeded Over ...