Different companies across different industries adopt any one of the five generic strategies to gain competitive advantage.
Which of the following businesses is most likely to use a low-cost provider strategy?
a. A fashion clothing line uses sought-after designers and natural fabrics.
b. A mortgage company specializes in lending money for second homes.
c. An online retailer delivers organic groceries overnight.
d. A baby products retailer sells unassembled baby furniture produced in China.
e. A dairy products manufacturer uses exotic substitutes to produce lactose-free dairy products.
Answers (1)
Know the Answer?
Not Sure About the Answer?
Get an answer to your question ✅ “Different companies across different industries adopt any one of the five generic strategies to gain competitive advantage. Which of the ...” in 📙 Business if there is no answer or all answers are wrong, use a search bar and try to find the answer among similar questions.
Search for Other Answers
You Might be Interested in
A company enters into a contract to sell 50 products to a customer for $30 each. After the company transfers 30 of the 50 products, the customer wants an additional 25 products.
Answers (2)
Which condition is a result A. Higher prices B. Government regulation C. Poor customer service D. Higher quality goods
Answers (2)
A manufacturing operation consists of 10 operations. However, five machining operations must be completed before any of the remaining five assembly operations can begin. Within each set of five, operations can be completed in any order.
Answers (1)
When it comes to problem solving, it is important to: A. Find the fastest possible solution. B. give up if your first solution doesn't work. C. define the problem you are attempting to solve. D. worry nonstop about it. (Apex)
Answers (2)
During the fiscal year 2017, the City of Hickory Hills issued purchase orders to various vendors in the amounts shown for the following functions of the city: General Government $ 164,200 Public Safety 302,000 Public Works 224,400 Culture and
Answers (1)
New Questions in Business
Dinesh manages a division of a sporting goods manufacturer. He attends a conference and receives advice from four experienced managers.
Answers (1)
1) Decide whether you would expect relationship between the following pairs of dependent and independent variables (respectively) to be positive, negative, or ambiguous. Explain your reasoning. a.
Answers (1)
Deboer Company, which has only one product, has provided the following data concerning its most recent month of operations: Selling price $179 Units in beginning inventory 100 Units produced 1,250 Units sold 1,010 Units in ending inventory 340
Answers (1)
Compared to consumers, producers will lose the lesser amount of surplus from a tax if:
Answers (1)
Dickerson Co. is evaluating a project requiring a capital expenditure of $810,000. The project has an estimated life of 4 years and no salvage value.
Answers (1)