Exam 5: Business-Level Strategy Creating and Sustaining Competitive Advantages

A platform business such as Airbnb leverages data analytics to differentiate its offer from that of competitors such as VRBO.

(True/False)

4.9/5

(32)

Question 61

Overall cost leadership is a generic strategy unlike others that does not require a tight set of interrelated tactics.

(True/False)

4.9/5

(35)

Question 62

In evaluating the sustainability of the Atlas Door competitive advantages over the long run, it is important to evaluate the ability of rivals to

(Multiple Choice)

4.7/5

(34)

Question 63

Which of the following reasons is not a reason that Atlas Door could lose competitive advantage?

(Multiple Choice)

4.8/5

(34)

Question 64

Caterpillar collects and analyses large volumes of data about how customers use their tractors. This permits them to the cost of new product development efforts and to better their products.

(Multiple Choice)

4.8/5

(31)

Question 65

Which of the following is not a potential pitfall of an integrated overall low cost and differentiation strategy?

(Multiple Choice)

4.9/5

(30)

Question 66

Global logistics firms such as DHL Supply Chain and Global Forwarding or C. H. Robinson Worldwide compete using an overall cost leadership strategy in primary activities such as

(Multiple Choice)

4.9/5

(39)

Question 67

Which of the following is not a reason for the possible erosion of company competitive advantage?

(Multiple Choice)

4.7/5

(34)

Question 68

Piecemeal productivity improvements can be used by a mature business in need of a turnaround.

(True/False)

4.7/5

(24)

Question 69

Combination strategies, such as integrating overall low cost and differentiation, makes it easier for rivals to duplicate or imitate because it is harder for the primary firm to providevalue.

(True/False)

4.8/5

(39)

Question 70

Piecemeal productivity improvements during a turnaround typically do not involve

(Multiple Choice)

4.8/5

(40)

Question 71

One aspect of using a cost leadership strategy is that experience effects may lead to lower costs. Experience effects are achieved by

(Multiple Choice)

4.8/5

(32)

Question 72

Barnes and Noble lost its market share in book retailing to Amazon. It tried to regain market share by offering a similar electronic reader, the Nook, to the Amazon Kindle series. Thisdemonstrates that Barnes and Noble lacked

(Multiple Choice)

4.9/5

(42)

Question 73

Andersen Windows lowered costs, enhanced quality and variety, and improved its response time to customers by

(Multiple Choice)

4.8/5

(42)

Question 74

When Cindy Grossman turned around HSN successfully in 2014, which of the following was not one of the practices she used?

(Multiple Choice)

4.8/5

(33)

Question 75

What are the pitfalls of the overall cost leadership strategy? Provide an example for each pitfall and explain why it is a pitfall.

(Essay)

4.7/5

(23)

Question 76

A business that strives for a low-cost advantage must attain a(n) ________ cost advantage over rivals.

(Multiple Choice)

4.7/5

(37)

Question 77

Two-sided or platform markets are an emerging trend according to the textbook authors. Choose an example of an existing platform market and explain how this firm positions itself to become the dominant player linking suppliers and customers.

(Essay)

4.7/5

(27)

Question 78

A low-cost position permits buyers to exert power to drive ________ prices only to the level of the next most efficient producer.

(Multiple Choice)

4.7/5

(40)

Question 79

Company competitive advantages can be eroded by all the following except

(Multiple Choice)

4.8/5

(40)

Question 80

Showing 61 - 80 of 105

A platform business such as Airbnb leverages data analytics to differentiate its offer from that of competitors such as VRBO.

Overall cost leadership is a generic strategy unlike others that does not require a tight set of interrelated tactics.

In evaluating the sustainability of the Atlas Door competitive advantages over the long run, it is important to evaluate the ability of rivals to

Which of the following reasons is not a reason that Atlas Door could lose competitive advantage?

Caterpillar collects and analyses large volumes of data about how customers use their tractors. This permits them to the cost of new product development efforts and to better their products.

Which of the following is not a potential pitfall of an integrated overall low cost and differentiation strategy?

Global logistics firms such as DHL Supply Chain and Global Forwarding or C. H. Robinson Worldwide compete using an overall cost leadership strategy in primary activities such as

Which of the following is not a reason for the possible erosion of company competitive advantage?

Piecemeal productivity improvements can be used by a mature business in need of a turnaround.

Combination strategies, such as integrating overall low cost and differentiation, makes it easier for rivals to duplicate or imitate because it is harder for the primary firm to providevalue.

Piecemeal productivity improvements during a turnaround typically do not involve

One aspect of using a cost leadership strategy is that experience effects may lead to lower costs. Experience effects are achieved by

Barnes and Noble lost its market share in book retailing to Amazon. It tried to regain market share by offering a similar electronic reader, the Nook, to the Amazon Kindle series. Thisdemonstrates that Barnes and Noble lacked

Andersen Windows lowered costs, enhanced quality and variety, and improved its response time to customers by

When Cindy Grossman turned around HSN successfully in 2014, which of the following was not one of the practices she used?

What are the pitfalls of the overall cost leadership strategy? Provide an example for each pitfall and explain why it is a pitfall.

A business that strives for a low-cost advantage must attain a(n) ________ cost advantage over rivals.

Two-sided or platform markets are an emerging trend according to the textbook authors. Choose an example of an existing platform market and explain how this firm positions itself to become the dominant player linking suppliers and customers.

A low-cost position permits buyers to exert power to drive ________ prices only to the level of the next most efficient producer.

Company competitive advantages can be eroded by all the following except

Strategic Management Creating Competitive Advantages

Analyzing the External Environment of the Firm Creating Competitive Advantages

Assessing the Internal Environment of the Firm

Recognizing a Firm's Intellectual Assets Moving beyond a Firm's Tangible Resources

Corporate-Level Strategy Creating Value through Diversification

International Strategy Creating Value in Global Markets

Entrepreneurial Strategy and Competitive Dynamics

Strategic Control and Corporate Governance

Creating Effective Organizational Designs

Strategic Leadership Creating a Learning Organization and an Ethical Organization

Managing Innovation and Fostering Corporate Entrepreneurship

Filters

Exam 5: Business-Level Strategy Creating and Sustaining Competitive Advantages

A platform business such as Airbnb leverages data analytics to differentiate its offer from that of competitors such as VRBO.

Overall cost leadership is a generic strategy unlike others that does not require a tight set of interrelated tactics.

In evaluating the sustainability of the Atlas Door competitive advantages over the long run, it is important to evaluate the ability of rivals to

Which of the following reasons is not a reason that Atlas Door could lose competitive advantage?

Caterpillar collects and analyses large volumes of data about how customers use their tractors. This permits them to ________ the cost of new product development efforts and to better________ their products.

Which of the following is not a potential pitfall of an integrated overall low cost and differentiation strategy?

Global logistics firms such as DHL Supply Chain and Global Forwarding or C. H. Robinson Worldwide compete using an overall cost leadership strategy in primary activities such as

Which of the following is not a reason for the possible erosion of company competitive advantage?

Piecemeal productivity improvements can be used by a mature business in need of a turnaround.

Combination strategies, such as integrating overall low cost and differentiation, makes it easier for rivals to duplicate or imitate because it is harder for the primary firm to providevalue.

Piecemeal productivity improvements during a turnaround typically do not involve

One aspect of using a cost leadership strategy is that experience effects may lead to lower costs. Experience effects are achieved by

Barnes and Noble lost its market share in book retailing to Amazon. It tried to regain market share by offering a similar electronic reader, the Nook, to the Amazon Kindle series. Thisdemonstrates that Barnes and Noble lacked

Andersen Windows lowered costs, enhanced quality and variety, and improved its response time to customers by

When Cindy Grossman turned around HSN successfully in 2014, which of the following was not one of the practices she used?

What are the pitfalls of the overall cost leadership strategy? Provide an example for each pitfall and explain why it is a pitfall.

A business that strives for a low-cost advantage must attain a(n) ________ cost advantage over rivals.

Two-sided or platform markets are an emerging trend according to the textbook authors. Choose an example of an existing platform market and explain how this firm positions itself to become the dominant player linking suppliers and customers.

A low-cost position permits buyers to exert power to drive ________ prices only to the level of the next most efficient producer.

Company competitive advantages can be eroded by all the following except

Strategic Management Creating Competitive Advantages

Analyzing the External Environment of the Firm Creating Competitive Advantages

Assessing the Internal Environment of the Firm

Recognizing a Firm's Intellectual Assets Moving beyond a Firm's Tangible Resources

Corporate-Level Strategy Creating Value through Diversification

International Strategy Creating Value in Global Markets

Entrepreneurial Strategy and Competitive Dynamics

Strategic Control and Corporate Governance

Creating Effective Organizational Designs

Strategic Leadership Creating a Learning Organization and an Ethical Organization

Managing Innovation and Fostering Corporate Entrepreneurship

Filters

Caterpillar collects and analyses large volumes of data about how customers use their tractors. This permits them to the cost of new product development efforts and to better their products.