QUESTION 13 A cost leadership strategy requires all of the following except Substantial capital investment and access to capital o Process engineering skills o Intense supervision of labor Products that are challenging to manufacture QUESTION 14 Differentiation strategy requires all of the following except Strong marketing abilities Product engineering Corporate reputation for low cost leadership Long tradition in the industry or unique skills drawn from other businesses QUESTION 15 The Balanced Scorecard is an Action Plan to Achieve Competitive Success by Focusing Management Attention Four Key Areas: Financial, Customer, Internal Process, and Learning Innovation True False QUESTION 13 A cost leadership strategy requires all of the following except Substantial capital investment and access to capital o Process engineering skills o Intense supervision of labor Products that are challenging to manufacture QUESTION 14 Differentiation strategy requires all of the following except Strong marketing abilities Product engineering Corporate reputation for low cost leadership Long tradition in the industry or unique skills drawn from other businesses QUESTION 15 The Balanced Scorecard is an Action Plan to Achieve Competitive Success by Focusing Management Attention Four Key Areas: Financial, Customer, Internal Process, and Learning Innovation True False