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  3. Study Set
    Crafting and Executing Strategy
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    Exam 4: Evaluating a Companys Resources, Capabilities, and Competitiveness
  5. Question
    Assume a Firm Is at a Cost Disadvantage with Rivals
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Assume a Firm Is at a Cost Disadvantage with Rivals

Question 21

Question 21

Essay

Assume a firm is at a cost disadvantage with rivals because its internal costs are higher than rivals.Identify five strategic moves that it can make to restore cost parity.

Correct Answer:

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Answered by ExamLex AI

1. Invest in technology and automation: ...

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