Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

26. An effective way to determine your competitive position as compared to your rivals is to benchmark which means to compare your costs and strategic

image text in transcribed
26. An effective way to determine your competitive position as compared to your rivals is to "benchmark which means to compare your costs and strategic imperatives to your key competitors. a true b. false 9. 27. A company's "core" competence is central to their own strategy and competiveness while a "distinctive" competency is competitively better than any rivals. a true b. false 28. A strategy of diversification is designed to increase shareholder value by acquiring other companies. Which of the following is not a good reason to diy sify? a leverasos OLT birties b. redece costi Searces Cue icts that come d. cortipany for sale neap e. take advantage u Oknown brand 29. In addition to force icquisitions and export strategies, licensing, francusing and strategic alliances can be effective ways to enter info and compete in foreign markets. a true b. false 10. 30 Which of the following is not a good reason to compete in International markets? a. access new customers b. lower costs c. gain access to resources and capabilities in foreign markets d. spread business risk over a wider market base c. give management some international experience f. exploit your core competencies

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Smart Supply Chain Finance

Authors: Hua Song

1st Edition

9811659966, 978-9811659966

More Books

Students also viewed these Finance questions