Multiple Choice
The effectiveness of any of the generic business-level strategies is contingent on both:
A) customer needs and competitors' strategies.
B) the opportunities and threats in a firm's external environment and the strengths and weaknesses derived from the firm's resource portfolio.
C) the trends in the general consumer base and the robustness of the global and industry economy.
D) the firm's competitive scope and its competitive advantage.
Correct Answer:

Verified
Correct Answer:
Verified
Q54: Although it is a cost leader, IKEA
Q55: The book The Dyslexic Advantage appeals to
Q56: When a firm is able to produce
Q57: A company pursuing the differentiation or focused
Q58: A differentiation strategy can be effective in
Q60: When a firm chooses a business-level strategy,
Q61: The term "stuck in the middle":<br>A) means
Q62: Netflix offers products to customers on demand.What
Q63: A firm successfully implementing a differentiation strategy
Q64: A risk of the differentiation strategy is