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Review the Inquirer 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 Inquirer 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.-Round 1
http://ww2.capsim.com/cgi-bin/CpCGIReports2011.exe?studentKey=1277071&simid=C59559&round=5&Report=CapCourier|AnnReport#AR2
Select: 5
Reduce labor costs through training and recruitment | |
Increase demand through TQM initiatives | |
Seek the lowest price in their target market while maintaining a competitive contribution margin | |
Reduce cost of goods through TQM initiatives | |
Accept lower plant utilization and higher capacities to insure sufficient capacity is available to meet demand | |
Offer attractive credit terms | |
Seek excellent product designs, high awareness, and high accessibility | |
Add additional products | |
Seek high automation levels | |
Seek high plant utilization, even if it risks occasional small stockouts |
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