SOFTWARE PROJECT MANAGEMENT
QUALITY MANAGEMENT
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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To create a competitive advantage through superior efficiency, an organization must
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make products that are much more reliable than other available products in the market.
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reduce the number of inputs it requires to produce a given amount of outputs.
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use technology to make its product unique and different than other products in the market.
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conduct surveys to determine whether a product will be successful in the market.
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Explanation:
Detailed explanation-1: -Superior efficiency is important for a company to gain a competitive advantage over its competitors. By performing core functions and activities more quickly, less costly, and more competently than its peers, a company can drive elevated levels of profit and customer satisfaction.
Detailed explanation-2: -Efficiency is a measure of the amount of inputs required to produce a given amount of outputs. The fewer the inputs required to produce a given output, the higher is efciency and the lower the cost of outputs.
There is 1 question to complete.