Multiple Choice
Different companies across different industries adopt any one of the five generic strategies to gain competitive advantage.Which of the following businesses is most likely to use a low-cost provider strategy?
A) A fashion clothing line uses sought-after designers and natural fabrics
B) A mortgage company specializes in lending money for second homes
C) An online retailer delivers organic groceries overnight
D) A baby products retailer sells unassembled baby furniture produced in China
E) A dairy products manufacturer uses exotic substitutes to produce lactose-free dairy products
Correct Answer:
Verified
Correct Answer:
Verified
Q3: Explain why some companies get to the
Q11: Changing circumstances and ongoing managerial efforts to
Q12: Briefly define each of the following terms:<br>a.strategy<br>b.business
Q13: Which of the following is not one
Q13: Explain the difference between a company's business
Q15: Managers in all types of businesses must
Q18: A company's strategy is a "work in
Q19: What is the nitty-gritty issue surrounding a
Q20: A company is unlikely to develop an
Q35: A company achieves sustainable competitive advantage when<br>A)it