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    Strategic Management Study Set 1
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    Exam 4: Evaluating a Company Resources, Capabilities, and Competitiveness
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    Assume a Firm Is Not Cost Competitive with Rivals Because
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Assume a Firm Is Not Cost Competitive with Rivals Because

Question 23

Question 23

Essay

Assume a firm is not cost competitive with rivals because of higher supplier-related costs.Identify three strategic moves that it can make to restore cost parity.

Correct Answer:

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Answered by ExamLex AI

1. Diversify supplier base: The firm can...

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