A company's biggest vulnerability in employing a best-cost provider strategy is _________.
A) relying too heavily on outsourcing.
B) getting squeezed between firms employing low-cost provider strategies and those using high-end differentiation strategies.
C) getting trapped in a price war with low-cost leaders.
D) being timid in cutting its prices far enough below high-end differentiators to win away many of their customers.
E) not having a sustainable distinctive competence in cost reduction.
B) getting squeezed between firms employing low-cost provider strategies and those using high-end differentiation strategies.
A company's biggest vulnerability in employing a best-cost provider strategy is not having the requisite core competencies and efficiencies in managing value chain activities to support the addition of differentiating features without significantly increasing costs. A company with a modest degree of differentiation and no real cost advantage will most likely find itself squeezed between the firms using low-cost strategies and those using differentiation strategies.
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Why was the Brundtland Commission formed?
What will be an ideal response?
After you have defined the main idea and supporting points, what is the next step in the planning sequence?
A) Determining the approach B) Committing thoughts to words C) Selecting the channel D) Selecting the medium E) Outlining content
Bravada Enterprises Transactions for Bravada Enterprises are provided below. Sept. 1 Bills are sent to clients for services provided in August for the amount of $2,200. Sept. 9 Barlue Furnishings delivers $1,500 of office furniture and $500 of office supplies to Bravada, leaving an invoice for $2,000. Sept. 15 Payment is made to Barlue for the office furniture and supplies delivered on September
9. Sept. 23 A $630 bill for advertising for the month of September is received. It will be paid on its due date in October. Sept. 30 Salaries of $450 are paid to employees. Refer to the transactions that occurred at Bravada Enterprises. The journal entry to record the September 15th transaction will include a debit of $2,000 to: A) Salaries expense. B) Salaries payable. C) Prepaid expenses. D) Accounts payable.
The assets of a company total $700,000; the liabilities, $200,000. What are the net assets?
A. $500,000. B. $200,000. C. $900,000. D. $700,000. E. It is impossible to determine unless the amount of stockholder investments is known.