Multiple Choice
The risks of a cost leadership strategy include all of the following EXCEPT:
A) manufacturing equipment can become obsolete due to innovation.
B) firms may fail to understand customers' perceptions of competitive levels of differentiation.
C) competitors may learn how to successfully imitate their strategy.
D) firms may fail to include enough unique features in the product.
Correct Answer:
Verified
Correct Answer:
Verified
Q17: The integrated cost leadership/differentiation strategy is difficult
Q19: When the costs of supplies increase in
Q20: The products or services that differentiate often
Q22: Firms pursuing a differentiation strategy want to
Q23: Some believe integrated strategies (combining attributes of
Q24: Customer needs are related to the:<br>A) characteristics
Q25: One of the benefits of the integrated
Q26: Common characteristics on which customers' needs vary
Q54: A firm is 'stuck in the middle'
Q81: Typically, a successful firm pursuing a differentiation