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Match the following terms to the correct definition. 5 A basic strategy in which a firm competes with low prices. 4 A basic strategy in

Match the following terms to the correct definition. 5 A basic strategy in which a firm competes with low prices. 4 A basic strategy in which a firm competes with unique products and services. 3 A conceptual framework to help align operations to company offerings. 2 A conceptual framework that shows the relationship among the basic strategies in which firms compete. 1 A basic strategy in which a firm competes by quickly providing products and services to its customers. 1. Product-Process Matrix 2. Responsiveness 3. Differentiation 4. Cost Leadership 5. Value Triangle

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