Other Requirements: A telecom service provider focusing on high-end users is following an industry-wide differentiation strategy.

Other Requirements: A telecom service provider focusing on high-end users is following an industry-wide differentiation strategy..

Other Requirements: A telecom service provider focusing on high-end users is following an industry-wide differentiation strategy.
Answer
True
False
0.1 points 
Question 2


In a manufacturing business, the materials ordering process transforms cash into a raw materials inventory.
Answer
True
False
0.1 points 
Question 3


Creating a new product to add value to customers is an example of using product implementations to achieve competitive advantage.
Answer
True
False
0.1 points 
Question 4


Streamlining of business processes to increase margin is key to obtaining competitive advantage.
Answer
True
False
0.1 points 
Question 5

.


A major drawback of Porter’s five forces model is that it does not analyze the threat of substitutes when forming a corporate strategy.
Answer
True
False
0.1 points 
Question 6


The competitive strategy of locking in customers is called establishing high switching costs.
Answer
True
False
0.1 points 
Question 7


Operations refer to transforming inputs into the final product.
Answer
True
False
0.1 points 
Question 8


An organization is using product implementation to achieve competitive advantage when it tries to reduce operational costs.
Answer
True
False
0.1 points 
Question 9


In the context of Porter’s five forces model, the bargaining power of customers of medicinal drugs is enhanced when pharmaceutical companies patent their products.
Answer
True
False
0.1 points 
Question 10


Organizations can lock in customers by making it difficult or expensive for them to move to another product.
Answer
True
False

.

Posted in Uncategorized

Leave a Reply