Question
Review the Globe to determine Baldwin's current strategy. How will they seek a competitive advantage? From the following list, select the top five sources of
Review the Globe to determine Baldwin's current strategy. How will they seek a competitive advantage? From the following list, select the top five sources of competitive advantage that Baldwin would be most likely to pursue.
Seek excellent product designs, high awareness, and high accessibility.
Offer attractive credit terms.
Seek high plant utilization, even if it risks occasional small stock outs.
Tailor products to specific global regions.
Accept lower plant utilization and higher plant capacity to ensure sufficient capacity is available to meet demand.
Seek high automation levels.
Reduce cost of goods by reducing product specifications and quality.
Outsource units to meet additional demand.
Seek the lowest price in their target market while maintaining a competitive contribution margin.
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