Entrepreneurial firms that pursue a low-cost leadership strategy use all the following to achieve lower costs except
A. rapid decision making.
B. simple organizational structures.
C. cost-saving technology.
D. extensive investment in order to achieve economies of scale.
Answer: D
You might also like to view...
Once a firm has carefully studied all of the vendors, bids have been considered, and the vendor audit has been conducted, the next step in the business-to-business buying process is:
A) the vendor screening B) vendor selection C) negotiation of purchase terms D) postpurchase evaluation
Which sentence expresses numbers correctly?
A) We will celebrate our wedding anniversary on the 9th of April. B) We will celebrate our wedding anniversary on the ninth of April. C) We will celebrate our wedding anniversary on the 9 of April.
The negotiating strategy, focus on interests, not positions, calls for the negotiator to
A) quickly uncover the interests of the other side. B) stick to his or her demands until the last. C) find mutual interests with the other side. D) strive to satisfy his or her overall interests.
Supply chain processes are simply business processes that have either external customers or external suppliers
Indicate whether the statement is true or false