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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.Select: 5
Reduce cost of goods through TQM initiatives |
Seek high plant utilization, even if it risks occasional small stockouts |
Accept lower plant utilization and higher capacities to insure sufficient capacity is available to meet demand |
Increase demand through TQM initiatives |
Reduce labor costs through training and recruitment |
Offer attractive credit terms |
Add additional products |
Seek the lowest price in their target market while maintaining a competitive contribution margin |
Seek excellent product designs, high awareness, and high accessibility |
Seek high automation levels |
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