Question

"In today's competitive markets, operations managers: _________

A) Realize that a product that offers better features is more attractive than "one that has a lower price.
B) Recognize that achieving efficiency is more important than achieving effectiveness. concentrate
C) Primarily on keeping costs low to keep prices competitive.
D) Focus solely on the benefits of products, while completely ignoring the costs of those products.

Answer 1

Answer: The correct answer is "C) Primarily on keeping costs low to keep prices competitive.".

Explanation: In today's competitive markets, operations managers: Primarily on keeping costs low to keep prices competitive.

The main approach is to keep costs low so that they can offer affordable and affordable prices, so that they can maximize their sales.