Multiple Choice
Which of the following is false regarding how a differentiation strategy can help a firm to improve its competitive position relative to the Porter five-forces model?
A) Firms will enjoy high customer loyalty.
B) By increasing firm margins, it avoids the need for a low-cost position.
C) It reduces buyer power because buyers lack comparable alternatives.
D) Supplier power is increased, because suppliers will be able to charge higher prices for their inputs.
Correct Answer:
Verified
Correct Answer:
Verified
Q28: Many firms have achieved success by integrating
Q29: Primark,an Irish clothing retailer,uses an overall cost
Q30: An example of a firm applying the
Q31: The growth stage of the industry life
Q32: What are the pitfalls of the overall
Q34: Hardware chains such as Ace and True
Q35: Which of the following is not a
Q36: Which of the following reasons is not
Q37: Primark,a fashion retailer,has found a way to
Q38: The most likely time to pursue a