Which strategy is least likely to yield high profits due to thin profit margins?

Operational Excellence is often characterized by achieving efficiency and effectiveness in business operations, which can lead to lower costs and competitive pricing. While this strategy can enhance a company's ability to compete based on pricing and operational efficiency, it frequently results in thin profit margins. Companies focused on operational excellence may prioritize cost-cutting and streamlined processes, which can limit their ability to implement pricing strategies that yield higher profits.

In contrast, strategies like Customer Intimacy, Product/Service Leadership, and Market Penetration often involve investing more in understanding customer needs, innovating products, or expanding market share, which can open avenues for higher profit margins. These strategies typically revolve around differentiation and value addition that allows businesses to command premium pricing or create strong customer loyalty, leading to better profitability compared to the efficiencies-driven focus of operational excellence.