For companies that want to become cost leaders and compete on volumes, which of the following plans has higher chance to lead the company to a competitive advantage? Scegli una o più alternative: (a) Invest in product standardization and on cheap materials (b) Find a niche where the company can provide a product that fully meets the needs and requirements expressed by the customers of the niche (c) Invest in R&D and product innovation, in order to increase the technological novelty and the customization of the product (d) Invest in production capacity, sales and marketing structures, brand, and increase the debt/equity ratio in order to finance the investments

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Statistical Process Control

The use of statistical methods to observe and manage a process to make sure that it operates at its full potential and thus produce a confirming product is called Statistical Process Control.