Choose ALL of the following that are possible causes of corporate decline: 

Slow or no response to significant external or internal changes 

Inadequate financial controls 

New competitors 

Unpredicted shifts in consumer demand

Though not easy, it is possible for an organization to successfully pursue an integrated low cost-differentiation strategy 

True 

False

Offensive moves are when an organization attempts to exploit and strengthen its competitive position through attacks on a competitor's position. 

True 

False 

The reactor strategy is characterized by continually innovating and exploiting new products and market opportunities. 

True 

False 

Companies that use an Analyzer strategy are usually pioneers in their industry, putting lots of money into developing new products that no one else has. 

True 

False 

A long-term contract is a type of strategic partnership. 

True 

False 

Choose ALL of the following that are requirements for a company to successfully pursue a cost leadership strategy: 

Keep costs as low as possible. 

Emphasize efficiency in all areas. 

Spend a lot of money on product differentiation and establishing brand loyalty. 

Have deep and wide product lines.

Toyota regularly uses the scientific process to experiment and innovate. 

True 

False

Harley-Davidson is an example of a Defender organization. 

True 

False

PepsiCo is an example of a single-business organization. 

True 

False