Primark, an Irish clothing retailer, uses an overall cost leadership strategy. This could fail if it
A. exceeds customer expectations.
B. maintains parity with competitors on low cost.
C. cannot maintain parity on differentiation dimensions requested by customers.
D. increases its sales prices while maintaining competitor parity.
Answer: C
You might also like to view...
Which of the following terms refers to the number of customers who have entered a market at a certain point in time?
A) current market potential B) market penetration C) maximum market entry D) market potential index E) rate of entry
Key variables that are identified in strategic planning are
a. normally controllable if they are internal. b. seldom if ever controllable. c. normally controllable if they occur in a domestic market. d. normally uncontrollable if they are internal.
All of the following statements regarding stock dividends are true except:
A. Stock dividends provide evidence of management's confidence that the company is doing well. B. Stock dividends do not reduce assets or equity. C. Stock dividends decrease the number of shares outstanding. D. Stock dividends transfer a portion of equity from retained earnings to contributed capital. E. Directors can use stock dividends to keep the market price of the stock affordable.
Depression, anxiety, and anger reflect ________ strain.
A. behavioral B. nonwork C. cognitive D. physiological E. psychological