A major advantage afforded by a low-cost provider strategy is
A. setting the industry's price ceiling to capture volume gains and achieve economies of scale.
B. becoming too fixated on cost reduction.
C. relying on an approach to reduce costs that can be easily copied.
D. overly aggressive price-cutting.
E. having the basis for the firm's cost advantage undermined by cost-saving technological breakthroughs that can be readily adopted by rival firms.
Answer: A
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An approach to competitive advantage that exploits weaknesses in competitors' narrow-focus strategies is called a ________ strategy
A) loose bricks B) collaboration C) layers of advantage D) supplier power E) generic
If you have conducted a formal counseling session prior to issuing discipline, you will inevitably be required to begin formal progressive discipline
Indicate whether the statement is true or false.
Scientific management is typically associated with all of the following except:
A. An organizational structure that is flat, with little differentiation between job levels. B. Protections for management rights. C. Assembly line production processes. D. Increased specialization of work.
Microdrives, tiny hard drives that can store gigabytes of data on a disk one or two ____ in size, have transformed handheld devices.
A. millimeters B. centimeters C. inches D. kilometers