Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

7. Which of the following is not considered a cost driver in a low cost strategy? a. economies of scale b. streamline supply chain c.

7. Which of the following is not considered a "cost driver" in a low cost strategy?
a. economies of scale
b. streamline supply chain
c. outsourcing
d. tax policy
e. refine manufacturing and design
3.
8. Which of the following is not considered a "uniqueness driver" in a differentiation strategy?
a. quality control
b. outsourcing
c. customer service
d. research and development
e. technology and innovation
9. A differentiation strategy allows a company to lower price and gain buyer loyalty.
a. true
b. false
10. A niche or best cost strategy is deployed to create long term customer goodwill and loyalty.
a. true
b. false

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

The Palgrave International Handbook Of Basic Income

Authors: Malcolm Torry

1st Edition

3030236137, 978-3030236137

More Books

Students also viewed these Finance questions