An organization using ________ strategy may concentrated on a particular group of customer geographic markets or particular product line segment
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Question 3 of 30
3. Question
1 points
Category: Strategic Management
Determine whether the collective strength of five competitive forces is conducive to earning attractive profit.
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Question 4 of 30
4. Question
1 points
Category: Strategic Management
Which refers to decline in the per unit cost of production as volume grows?
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Question 5 of 30
5. Question
1 points
Category: Strategic Management
Introduction of products by new firm may lead incumbents firms to reduce their product prices & increase their advertising budget
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Question 6 of 30
6. Question
1 points
Category: Strategic Management
When rivals feel strong motivation to utilize their capacity & therefore are inclined to cut prices when they have access capacity
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Question 7 of 30
7. Question
1 points
Category: Strategic Management
Which is not the generic strategy of Michael Porter?
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Question 8 of 30
8. Question
1 points
Category: Strategic Management
Which of these has a basic idea to underprice competitors & thereby gain market share and sales, driving some competitors out of the market entirely?
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Question 9 of 30
9. Question
1 points
Category: Strategic Management
Which of these can fluctuate based on its supply & demand and also be influence but customer’s ideal value for product?
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Question 10 of 30
10. Question
1 points
Category: Strategic Management
Rolls Royce sells limited number of high-end, custom-built cars.
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Question 11 of 30
11. Question
1 points
Category: Strategic Management
Who is the foundation of an organization’s business level strategies?
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Question 12 of 30
12. Question
1 points
Category: Strategic Management
Sharing activities & resources enhances competitive advantage by ________.
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Question 13 of 30
13. Question
1 points
Category: Strategic Management
Which allows a firm when it is successful, to charge a higher price for its product & to customer loyalty?
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Question 14 of 30
14. Question
1 points
Category: Strategic Management
Which strategy is most effective when consumers have distinctive preferences or requirement & rival firms are not attempting to specialize in same target segment?
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Question 15 of 30
15. Question
1 points
Category: Strategic Management
Evaluate how strong the pressure comprising each of the five forces are?
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Question 16 of 30
16. Question
1 points
Category: Strategic Management
Firms lacking of funds are effectively barred from the industry, thus enhancing profitability of existing firms in industry
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Question 17 of 30
17. Question
1 points
Category: Strategic Management
Which is the result of committing substantial resources for long period & it is important for infrequently purchased products that carry a high cost to buyer?
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Question 18 of 30
18. Question
1 points
Category: Computer
Even when an industry leader exists, leader’s ability to exert pricing discipline diminishes with ______.
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Question 19 of 30
19. Question
1 points
Category: Strategic Management
Issue about which business level strategies are concerned with is ______.
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Question 20 of 30
20. Question
1 points
Category: Strategic Management
Which is a primary reason for pursuing forward, backward, & horizontal integration strategies?
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Question 21 of 30
21. Question
1 points
Category: Strategic Management
Rivalry among competitors tends to be cutthroat & industry profitability low when
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Question 22 of 30
22. Question
1 points
Category: Strategic Management
Which of these is concerned with firm’s position in an industry, relative to competitors & to the five forces of competition?
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Question 23 of 30
23. Question
1 points
Category: Strategic Management
Smaller firms often compete using ________strategy.
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Question 24 of 30
24. Question
1 points
Category: Strategic Management
Product development is example of strategy that offers the advantage of _________.
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Question 25 of 30
25. Question
1 points
Category: Strategic Management
Which is depend on an industry segment that is of sufficient size, has good growth potential & is not crucial to success of other major competitors?
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Question 26 of 30
26. Question
1 points
Category: Strategic Management
Which is not the way of best cost provider strategy?
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Question 27 of 30
27. Question
1 points
Category: Strategic Management
Identify the specific competitive pressures associated with each of five forces
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Question 28 of 30
28. Question
1 points
Category: Strategic Management
Which is not the barrier for new entrance?
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Question 29 of 30
29. Question
1 points
Category: Strategic Management
When switching are high, buyers are often _________.
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Question 30 of 30
30. Question
1 points
Category: Strategic Management
Who can discourage prize wars by disciplining initiators of such activity?
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