Multiple Choice
Imagine that you are the president of Taco Rocket, a new and successful chain of 8 Mexican fast-food restaurants. The success you have experienced in the last 5 years has you thinking of what to do with the business next. Should you expand the business at the current rate? Open new and different restaurants? What?
-Up to now your success has been based on selling high-quality tacos and burritos at a price that others can't match.Your business is pursuing which of Porter's strategies?
A) differentiation strategy
B) cost leadership strategy
C) competitive advantage strategy
D) focus strategy
Correct Answer:

Verified
Correct Answer:
Verified
Q119: A cost leadership competitive strategy focuses on
Q120: A differentiation strategy _.<br>A)usually focuses on price<br>B)must
Q121: Formal planning can enhance creativity in an
Q122: Innovation and super-high quality are typically the
Q123: A company that is on the verge
Q125: In traditional goal setting, as they work
Q126: Most successful companies find that _ a
Q127: Top managers, for the most part, focus
Q128: Tactical plans are operational plans that identify
Q129: Managers who fail to plan may _.<br>A)take