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For Items 25-30: Identify the business level strategies described/exemplified below: a. Cost leadership strategy b. Differentiation Strategy c. Focus Strategy d. none of the above
For Items 25-30: Identify the business level strategies described/exemplified below: a. Cost leadership strategy b. Differentiation Strategy c. Focus Strategy d. none of the above _____ 25. Gaining competitive advantage based on low cost _____ 26. Toyota produces a premium luxury brand known as Lexus _____ 27. Based on appeal to a narrow market segment within an industry _____ 28. Creating differences in the firm's product or service offering by creating something that is perceived industry wide as unique and valued by customers _____ 29. Firms attain above-average performance when their price premiums exceed the extra cost incurred in being unique. _____ 30. Can be achieve through building efficient facilities and tightly controlling production costs and overhead
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