Loading...

Messages

Proposals

Stuck in your homework and missing deadline? Get urgent help in $10/Page with 24 hours deadline

Get Urgent Writing Help In Your Essays, Assignments, Homeworks, Dissertation, Thesis Or Coursework & Achieve A+ Grades.

Privacy Guaranteed - 100% Plagiarism Free Writing - Free Turnitin Report - Professional And Experienced Writers - 24/7 Online Support

A low cost leader's basis for competitive advantage is

14/10/2021 Client: muhammad11 Deadline: 2 Day

Crafting And Executing Strategy 19e -The Five Generic Competitive Strategies: Which One To Employ? CH5

The Five Generic Competitive Strategies: Which One to Employ?
CH5
Your Results:
The answer for each question is indicated by a .

1
A company's competitive strategy deals
A)
with the specific actions management plans to take to develop a better value chain than rivals.
B)
with how it plans to unify its functional and operating strategies into a cohesive effort aimed at successfully taking customers away from rivals.
C)
exclusively with the specifics of management's game plan for competing successfully.
D)
specifically with its plans for under-pricing rivals and achieving product superiority.
E)
with the specific actions management intends to take to strongly differentiate its product offering from the offerings of rival companies in the industry.


2
The five generic types of competitive strategies include
A)
offensive strategies, defensive strategies, differentiation strategies, low-cost strategies, and first-mover strategies.
B)
low-cost provider strategies, broad differentiation strategies, best-cost provider strategies, focused low-cost strategies, and focused differentiation strategies.
C)
offensive strategies, defensive strategies, striving to be a market leader, technological leadership strategies, and product innovation strategies.
D)
low-price strategies, premium price strategies, middle-of-the-road strategies, product leadership strategies, and market share leadership strategies.
E)
attacking competitor strengths, attacking competitor weaknesses, market leadership strategies, low-cost leadership strategies, and product superiority strategies.


3
A low-cost leader's basis for competitive advantage is
A)
using an everyday low pricing strategy to gain the biggest market share.
B)
bigger profit margins than rival firms.
C)
high buyer switching costs because of the company's differentiated product offering.
D)
meaningfully lower overall costs than competitors.
E)
a reputation for charging the lowest prices in the industry.


4
A competitive strategy of striving to be the low-cost provider is particularly attractive when
A)
buyers are large and use the product in much the same ways.
B)
most rivals are trying to differentiate their product offering from those of rivals.
C)
there are many ways to achieve higher product quality that have value to buyers.
D)
buyers are not swayed by advertising and are not very brand-loyal.
E)
most rivals are pursuing best-cost or broad differentiation strategies.


5
A broad differentiation strategy
A)
is an attractive competitive approach whenever buyers' needs and preferences are too diverse to be satisfied by a product that is essentially identical from seller to seller.
B)
can produce sustainable competitive advantage if the differentiating features possess strong buyer appeal and can't be copied or easily matched by rivals.
C)
works best when the basis for differentiation is superior performance features and buyer switching costs are low.
D)
offers a better chance for gaining market share than low-cost or best-cost provider strategies, and typically allows a firm to charge the highest price in the industry.
E)
can produce sustainable competitive advantage if the differentiating features possess strong buyer appeal and can't be copied or easily matched by rivals.


6
Which of the following is not one of the four basic routes to achieving a differentiation-based competitive advantage?
A)
Striving to capture all available economies of scale
B)
Incorporating tangible features that raise product performance
C)
Incorporating product attributes and user features that lower the buyer's overall costs of using the company's product
D)
Delivering value to customers via competencies and competitive capabilities that rivals don't have or can't afford to match
E)
Incorporating features that enhance buyer satisfaction in intangible or non-economic ways


7
A strategy of being a best-cost provider
A)
is the easiest of the five generic types of competitive strategies to copy or imitate.
B)
combines a strategic emphasis on low cost with a strategic emphasis on more than minimally acceptable quality, service, features, and performance.
C)
is almost always more profitable than focused or market niche strategies because of the potential for selling more units and realizing higher revenues.
D)
is the most attractive of all the competitive strategies because it combines the best features of the four other generic types of competitive strategies.
E)
is usually somewhat less profitable than either top-of-the-line differentiation or low-cost leadership strategies because it is based on achieving a weaker type of competitive advantage.


8
Which of the following are distinguishing features of a best-cost provider strategy?
A)
The strategic target is price-conscious buyers
B)
A marketing emphasis on charging a slightly higher price than rival brands having comparable features and attributes
C)
A product line that stresses wide selection, many product variations, and emphasis on differentiating features
D)
A competitive advantage based on more value for the money
E)
Using constant product innovation, excellent R&D skills, and periodic technological breakthroughs to sustain the strategy


9
What sets focused (or market niche) strategies apart from low-cost leadership and broad differentiation strategies is
A)
the extra attention paid to establishing a distinctive competence.
B)
their concentrated attention on serving the needs of buyers in a narrow piece of the overall market.
C)
greater opportunity for brand loyalty.
D)
their suitability for market situations where technological change is fast-paced and continuous product innovation is a key success factor.
E)
their bold strategic intent of global market leadership via heavy advertising.


10
A focused differentiation strategy aims at securing competitive advantage by
A)
providing buyers in the target market niche with the best performance features at a price they perceive as fair..
B)
catering to buyers looking for a medium-quality product at an average price.
C)
offering buyers in the target market niche a product which they perceive is uniquely well suited to their tastes and preferences.
D)
developing unique product attributes.
E)
convincing buyers that the company is a true leader in product innovation.

Homework is Completed By:

Writer Writer Name Amount Client Comments & Rating
Instant Homework Helper

ONLINE

Instant Homework Helper

$36

She helped me in last minute in a very reasonable price. She is a lifesaver, I got A+ grade in my homework, I will surely hire her again for my next assignments, Thumbs Up!

Order & Get This Solution Within 3 Hours in $25/Page

Custom Original Solution And Get A+ Grades

  • 100% Plagiarism Free
  • Proper APA/MLA/Harvard Referencing
  • Delivery in 3 Hours After Placing Order
  • Free Turnitin Report
  • Unlimited Revisions
  • Privacy Guaranteed

Order & Get This Solution Within 6 Hours in $20/Page

Custom Original Solution And Get A+ Grades

  • 100% Plagiarism Free
  • Proper APA/MLA/Harvard Referencing
  • Delivery in 6 Hours After Placing Order
  • Free Turnitin Report
  • Unlimited Revisions
  • Privacy Guaranteed

Order & Get This Solution Within 12 Hours in $15/Page

Custom Original Solution And Get A+ Grades

  • 100% Plagiarism Free
  • Proper APA/MLA/Harvard Referencing
  • Delivery in 12 Hours After Placing Order
  • Free Turnitin Report
  • Unlimited Revisions
  • Privacy Guaranteed

6 writers have sent their proposals to do this homework:

Helping Engineer
Smart Accountants
Professional Accountant
Innovative Writer
Instant Homework Helper
Finance Homework Help
Writer Writer Name Offer Chat
Helping Engineer

ONLINE

Helping Engineer

I am a PhD writer with 10 years of experience. I will be delivering high-quality, plagiarism-free work to you in the minimum amount of time. Waiting for your message.

$32 Chat With Writer
Smart Accountants

ONLINE

Smart Accountants

I have worked on wide variety of research papers including; Analytical research paper, Argumentative research paper, Interpretative research, experimental research etc.

$49 Chat With Writer
Professional Accountant

ONLINE

Professional Accountant

I can assist you in plagiarism free writing as I have already done several related projects of writing. I have a master qualification with 5 years’ experience in; Essay Writing, Case Study Writing, Report Writing.

$35 Chat With Writer
Innovative Writer

ONLINE

Innovative Writer

I have done dissertations, thesis, reports related to these topics, and I cover all the CHAPTERS accordingly and provide proper updates on the project.

$32 Chat With Writer
Instant Homework Helper

ONLINE

Instant Homework Helper

I have written research reports, assignments, thesis, research proposals, and dissertations for different level students and on different subjects.

$34 Chat With Writer
Finance Homework Help

ONLINE

Finance Homework Help

I have done dissertations, thesis, reports related to these topics, and I cover all the CHAPTERS accordingly and provide proper updates on the project.

$36 Chat With Writer

Let our expert academic writers to help you in achieving a+ grades in your homework, assignment, quiz or exam.

Similar Homework Questions

Reemerging disease - Changing ways of life - Mcgraw hill practice operations module 1 answers - Ballymena school of music - Conflict theory and poverty - Multifactor leadership questionnaire rater form - Myhomework - Flexo printing line screen - Ebay and skype merger case study - Miniature ponies for sale nsw - Business - My philosophy in life - Denominational switching in australia post 1945 - Complexity is increasing as new technologies are emerging every day. - 0.125 mg to mcg - Strive for power aphrodite brew - John deere industrial revolution - Www macmillanenglish com inspiration 3 - List of evaluative words - Total beast athlean x pdf - Read through the presentation and identify it's main idea ---- Due in 4 hours - Discussion question opioid crisis 500 words due 9/7/2020 - Essays guru only - Shelly cashman excel 2019 module 4 sam project 1a - Essay - Discussion: Politics and the Patient Protection and Affordable Care Act - In the hr management course jennifer took the book suggested - Discussion - Reinforcers and punishers in psychology - Attribution theory and how it influences the implementation of innovation technologies - Vedas vs quran vs bible - NEED IN 12 HOURS or LESS - With it ness according to kounin - Time phased budget baseline - Norton introduction to literature 13th edition citation - Higher psychology past papers - Puregym organisational structure - Moodle login holy cross - Energy content of fuels lab report answers - Business Math (Inventory development plan) - Tony hsieh leadership style and philosophy - 3 Discussion Board Questions - 107NURD4IR - Avicel for plaque assay - Infection control in dental radiology ppt - Ammonium nitrate flame test color - Essay persuasive outline - Ktea protocols - Blessed messiah and the tower of ai english lyrics ham - Power Point - Big history project answer key unit 1 - Monthly manufacturing overhead flexible budget - Agilent 7890b gc price - Discussion / Read chapters 1,2,3 / about 300 words / answer and comment / need within 6 hours - Pick up motors excel - Human body systems assignment - Forensic files season 8 episode 28 - Aa big book pg 84 - Nostalgic ceramics stoke on trent - Notice of marriage swansea - Trusted Psychic Healer +27789489516 with Powerful Spells To bring Back lost love in Texas, San Antonio - Social Work Paper and PowerPoint Presentation - Crafting and executing strategy 21e pdf - Https lc grad2 gcu edu learningplatform user login html - 6 rules of critical thinking sociology - Binary to gray code converter experiment - Marketing Plan - Margin requirement for s&p 500 futures - Load restraint guide book - Sustainability - Practical assement - Wuthering heights chapter 24 analysis - Norman rockwell the problem - Walt whitman life history - Edu - Company cell phone data usage policy - Ethics in psychology worksheet answers - Genetically handed down crossword clue - Sony ericsson marketing strategy - Ieee journal of photovoltaics abbreviation - Peninsula grange aged care - Redbone urban dictionary meaning - Consumer Behaviour - Assignment - Job safety analysis worksheet - Morningside little league all stars - How to report greenhouse geisser - What year was the first dirt bike made - Ugli orange case study - Network technology substrates - Society basics w out mysociologylab - Virtual fetal pig dissection lab answers - Was macbeth a general - Why should ccom accept you into this year's class? - Analysis of poverty and crime - Nsw service and installation rules - Geology critical assignment - Max air 2070 03 - Disturbed body image related to - General electric meters catalog - Interviewing principles and practices 15th edition pdf free