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Which one of the following is not one of the 5 generic types of competitive strategy?

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Which one of the following is not one of the 5 generic types of competitive strategy?
1
Which one of the following is not one of the 5 generic types of competitive strategy?
Which one of the following is not one of the 5 generic types of competitive strategy?

A company's competitive strategy deals with:
Which one of the following is not one of the 5 generic types of competitive strategy?
A)
Which one of the following is not one of the 5 generic types of competitive strategy?
the specific actions management plans to take to develop a better value chain than rivals.
Which one of the following is not one of the 5 generic types of competitive strategy?
B)
Which one of the following is not one of the 5 generic types of competitive strategy?
how it plans to unify its functional and operating strategies into a cohesive effort aimed at successfully taking customers away from rivals.
Which one of the following is not one of the 5 generic types of competitive strategy?
C)
Which one of the following is not one of the 5 generic types of competitive strategy?
deals exclusively with the specifics of management's game plan for competing successfully—its specific efforts to please customers, its offensive and defensive moves to counter the maneuvers of rivals, its responses to whatever market conditions prevail at the moment, its initiatives to strengthen its market position, and its approach to securing a competitive advantage vis-à-vis rivals.
Which one of the following is not one of the 5 generic types of competitive strategy?
D)
Which one of the following is not one of the 5 generic types of competitive strategy?
its plans for under-pricing rivals and achieving product superiority.
Which one of the following is not one of the 5 generic types of competitive strategy?
E)
Which one of the following is not one of the 5 generic types of competitive strategy?
the specific actions management intends to take to strongly differentiate its product offering from the offerings of rival companies in the industry.
Which one of the following is not one of the 5 generic types of competitive strategy?
2
Which one of the following is not one of the 5 generic types of competitive strategy?
Which one of the following is not one of the 5 generic types of competitive strategy?

A company achieves competitive advantage whenever:
Which one of the following is not one of the 5 generic types of competitive strategy?
A)
Which one of the following is not one of the 5 generic types of competitive strategy?
it has a product offering that is differentiated from the product offerings of rivals.
Which one of the following is not one of the 5 generic types of competitive strategy?
B)
Which one of the following is not one of the 5 generic types of competitive strategy?
its customers exhibit a high degree of loyalty to the company's brand.
Which one of the following is not one of the 5 generic types of competitive strategy?
C)
Which one of the following is not one of the 5 generic types of competitive strategy?
it has more core competencies than its rivals.
Which one of the following is not one of the 5 generic types of competitive strategy?
D)
Which one of the following is not one of the 5 generic types of competitive strategy?
it has a better credit rating than rivals.
Which one of the following is not one of the 5 generic types of competitive strategy?
E)
Which one of the following is not one of the 5 generic types of competitive strategy?
it has some type of edge over rivals in attracting customers and coping with competitive forces.
Which one of the following is not one of the 5 generic types of competitive strategy?
3
Which one of the following is not one of the 5 generic types of competitive strategy?
Which one of the following is not one of the 5 generic types of competitive strategy?

The five generic types of competitive strategies include:
Which one of the following is not one of the 5 generic types of competitive strategy?
A)
Which one of the following is not one of the 5 generic types of competitive strategy?
offensive strategies, defensive strategies, differentiation strategies, low-cost strategies, and first-mover strategies.
Which one of the following is not one of the 5 generic types of competitive strategy?
B)
Which one of the following is not one of the 5 generic types of competitive strategy?
low-cost leadership, broad differentiation, best-cost provider, focused low-cost, and focused differentiation.
Which one of the following is not one of the 5 generic types of competitive strategy?
C)
Which one of the following is not one of the 5 generic types of competitive strategy?
offensive strategies, defensive strategies, striving to be a market leader, technological leadership strategies, and product innovation strategies.
Which one of the following is not one of the 5 generic types of competitive strategy?
D)
Which one of the following is not one of the 5 generic types of competitive strategy?
low-price strategies, premium price strategies, middle-of-the-road strategies, product leadership strategies, and market share leadership strategies.
Which one of the following is not one of the 5 generic types of competitive strategy?
E)
Which one of the following is not one of the 5 generic types of competitive strategy?
attacking competitor strengths, attacking competitor weaknesses, market leadership strategies, low-cost leadership strategies, and product superiority strategies.
Which one of the following is not one of the 5 generic types of competitive strategy?
4
Which one of the following is not one of the 5 generic types of competitive strategy?
Which one of the following is not one of the 5 generic types of competitive strategy?

A low-cost leader's basis for competitive advantage is:
Which one of the following is not one of the 5 generic types of competitive strategy?
A)
Which one of the following is not one of the 5 generic types of competitive strategy?
using an everyday low pricing strategy to gain the biggest market share.
Which one of the following is not one of the 5 generic types of competitive strategy?
B)
Which one of the following is not one of the 5 generic types of competitive strategy?
bigger profit margins than rival firms.
Which one of the following is not one of the 5 generic types of competitive strategy?
C)
Which one of the following is not one of the 5 generic types of competitive strategy?
high buyer switching costs because of the company's differentiated product offering.
Which one of the following is not one of the 5 generic types of competitive strategy?
D)
Which one of the following is not one of the 5 generic types of competitive strategy?
meaningfully lower overall costs than competitors.
Which one of the following is not one of the 5 generic types of competitive strategy?
E)
Which one of the following is not one of the 5 generic types of competitive strategy?
a reputation for charging the lowest prices in the industry.
Which one of the following is not one of the 5 generic types of competitive strategy?
5
Which one of the following is not one of the 5 generic types of competitive strategy?
Which one of the following is not one of the 5 generic types of competitive strategy?

A competitive strategy of striving to be the low-cost provider is particularly attractive when:
Which one of the following is not one of the 5 generic types of competitive strategy?
A)
Which one of the following is not one of the 5 generic types of competitive strategy?
buyers are large, have significant power to bargain down prices, use the product in much the same ways, and incur low costs in switching their purchases from one seller to another.
Which one of the following is not one of the 5 generic types of competitive strategy?
B)
Which one of the following is not one of the 5 generic types of competitive strategy?
most rivals are trying to differentiate their product offering from those of rivals.
Which one of the following is not one of the 5 generic types of competitive strategy?
C)
Which one of the following is not one of the 5 generic types of competitive strategy?
there are many ways to achieve higher product quality that have value to buyers.
Which one of the following is not one of the 5 generic types of competitive strategy?
D)
Which one of the following is not one of the 5 generic types of competitive strategy?
buyers are not swayed by advertising and are not very brand-loyal.
Which one of the following is not one of the 5 generic types of competitive strategy?
E)
Which one of the following is not one of the 5 generic types of competitive strategy?
most rivals are pursuing best-cost or broad differentiation strategies.
Which one of the following is not one of the 5 generic types of competitive strategy?
6
Which one of the following is not one of the 5 generic types of competitive strategy?
Which one of the following is not one of the 5 generic types of competitive strategy?

Which of the following is not a way that a company can try to manage the costs of its value chain activities downward and thus be more cost-efficient than rivals?
Which one of the following is not one of the 5 generic types of competitive strategy?
A)
Which one of the following is not one of the 5 generic types of competitive strategy?
Striving to capture all available economies of scale and taking full advantage of experience and learning-curve effects
Which one of the following is not one of the 5 generic types of competitive strategy?
B)
Which one of the following is not one of the 5 generic types of competitive strategy?
Having outsiders perform all those value chain activities in which a company odes not have either a core competence or a distinctive competence
Which one of the following is not one of the 5 generic types of competitive strategy?
C)
Which one of the following is not one of the 5 generic types of competitive strategy?
Substituting the use of low-cost for high-cost raw materials or component parts
Which one of the following is not one of the 5 generic types of competitive strategy?
D)
Which one of the following is not one of the 5 generic types of competitive strategy?
Using the company's bargaining power vis-à-vis suppliers to gain concessions and trying to operate facilities at full capacity
Which one of the following is not one of the 5 generic types of competitive strategy?
E)
Which one of the following is not one of the 5 generic types of competitive strategy?
Adopting labor-saving operating methods and using online systems and sophisticated software to achieve operating efficiencies
Which one of the following is not one of the 5 generic types of competitive strategy?
7
Which one of the following is not one of the 5 generic types of competitive strategy?
Which one of the following is not one of the 5 generic types of competitive strategy?

Striving to be the industry's low-cost provider and achieving lower costs than rivals entails:
Which one of the following is not one of the 5 generic types of competitive strategy?
A)
Which one of the following is not one of the 5 generic types of competitive strategy?
doing a better job than rivals of performing value chain activities more cost-effectively.
Which one of the following is not one of the 5 generic types of competitive strategy?
B)
Which one of the following is not one of the 5 generic types of competitive strategy?
having a smaller labor force than rivals, paying lower wages than rivals, locating all facilities in countries where labor costs are low, and outsourcing many value chain activities to suppliers with world-class technological capabilities.
Which one of the following is not one of the 5 generic types of competitive strategy?
C)
Which one of the following is not one of the 5 generic types of competitive strategy?
revamping the firm's overall value chain to eliminate or bypass cost-producing activities that produce little value added insofar as customers are concerned.
Which one of the following is not one of the 5 generic types of competitive strategy?
D)
Which one of the following is not one of the 5 generic types of competitive strategy?
aggressive use of activity-based costing, utilizing more best practices than rivals, and having a narrower product line than rivals.
Which one of the following is not one of the 5 generic types of competitive strategy?
E)
Which one of the following is not one of the 5 generic types of competitive strategy?
Both A and C.
Which one of the following is not one of the 5 generic types of competitive strategy?
8
Which one of the following is not one of the 5 generic types of competitive strategy?
Which one of the following is not one of the 5 generic types of competitive strategy?

Which of the following is not an accurate characterization of a strategy to be the industry's overall low-cost provider?
Which one of the following is not one of the 5 generic types of competitive strategy?
A)
Which one of the following is not one of the 5 generic types of competitive strategy?
A low-cost provider strategy works well in market situations where many buyers are price-sensitive and price competition among rival sellers is especially vigorous.
Which one of the following is not one of the 5 generic types of competitive strategy?
B)
Which one of the following is not one of the 5 generic types of competitive strategy?
A low-cost provider strategy entails pursuing cost-saving initiatives that are difficult for rivals to copy or match.
Which one of the following is not one of the 5 generic types of competitive strategy?
C)
Which one of the following is not one of the 5 generic types of competitive strategy?
A low-cost provider strategy entails making a product with minimal features so as to keeps cost per unit as low as absolutely possible.
Which one of the following is not one of the 5 generic types of competitive strategy?
D)
Which one of the following is not one of the 5 generic types of competitive strategy?
A low-cost provider strategy is quite suitable for situations where there are few ways to achieve product differentiation that have value to buyers, where most buyers utilize the product in the same ways, and buyers incur low costs in switching their purchases from one seller to another.
Which one of the following is not one of the 5 generic types of competitive strategy?
E)
Which one of the following is not one of the 5 generic types of competitive strategy?
A low-cost provider strategy is a particularly powerful strategy when the industry's product is essentially the same from rival to rival, many buyers are price sensitive, and industry newcomers use low introductory prices to attract buyers and build a customer base.
Which one of the following is not one of the 5 generic types of competitive strategy?
9
Which one of the following is not one of the 5 generic types of competitive strategy?
Which one of the following is not one of the 5 generic types of competitive strategy?

A broad differentiation strategy:
Which one of the following is not one of the 5 generic types of competitive strategy?
A)
Which one of the following is not one of the 5 generic types of competitive strategy?
is an attractive competitive approach whenever buyers' needs and preferences are too diverse to be satisfied by a product that is essentially identical from seller to seller.
Which one of the following is not one of the 5 generic types of competitive strategy?
B)
Which one of the following is not one of the 5 generic types of competitive strategy?
can produce sustainable competitive advantage if the differentiating features possess strong buyer appeal and can't be copied or easily matched by rivals.
Which one of the following is not one of the 5 generic types of competitive strategy?
C)
Which one of the following is not one of the 5 generic types of competitive strategy?
works best when the basis for differentiation is superior performance features and buyer switching costs are low.
Which one of the following is not one of the 5 generic types of competitive strategy?
D)
Which one of the following is not one of the 5 generic types of competitive strategy?
offers a better chance for gaining market share than low-cost or best-cost provider strategies, and typically allows a firm to charge the highest price in the industry.
Which one of the following is not one of the 5 generic types of competitive strategy?
E)
Which one of the following is not one of the 5 generic types of competitive strategy?
Both A and B.
Which one of the following is not one of the 5 generic types of competitive strategy?
10
Which one of the following is not one of the 5 generic types of competitive strategy?
Which one of the following is not one of the 5 generic types of competitive strategy?

Which of the following is not one of the four basic routes to achieving a differentiation-based competitive advantage?
Which one of the following is not one of the 5 generic types of competitive strategy?
A)
Which one of the following is not one of the 5 generic types of competitive strategy?
Appealing to high-income buyers who are willing and able to pay a premium price for a high-performing, multi-featured product
Which one of the following is not one of the 5 generic types of competitive strategy?
B)
Which one of the following is not one of the 5 generic types of competitive strategy?
Incorporating features that raise product performance
Which one of the following is not one of the 5 generic types of competitive strategy?
C)
Which one of the following is not one of the 5 generic types of competitive strategy?
Incorporating product attributes and user features that lower the buyer's overall costs of using the company's product
Which one of the following is not one of the 5 generic types of competitive strategy?
D)
Which one of the following is not one of the 5 generic types of competitive strategy?
Delivering value to customers via competencies and competitive capabilities that rivals don't have or can't afford to match
Which one of the following is not one of the 5 generic types of competitive strategy?
E)
Which one of the following is not one of the 5 generic types of competitive strategy?
Incorporating features that enhance buyer satisfaction in intangible or non-economic ways
Which one of the following is not one of the 5 generic types of competitive strategy?
11
Which one of the following is not one of the 5 generic types of competitive strategy?
Which one of the following is not one of the 5 generic types of competitive strategy?

The most appealing approaches to broad differentiation:
Which one of the following is not one of the 5 generic types of competitive strategy?
A)
Which one of the following is not one of the 5 generic types of competitive strategy?
are those that hinge upon first-rate R&D and frequent product innovation.
Which one of the following is not one of the 5 generic types of competitive strategy?
B)
Which one of the following is not one of the 5 generic types of competitive strategy?
involve features or attributes that (1) have considerable buyer appeal and (2) are hard or expensive for rivals to duplicate.
Which one of the following is not one of the 5 generic types of competitive strategy?
C)
Which one of the following is not one of the 5 generic types of competitive strategy?
are those that either lower buyer switching costs or enhance the differentiator's brand image.
Which one of the following is not one of the 5 generic types of competitive strategy?
D)
Which one of the following is not one of the 5 generic types of competitive strategy?
generally relate to product superiority or clever merchandising.
Which one of the following is not one of the 5 generic types of competitive strategy?
E)
Which one of the following is not one of the 5 generic types of competitive strategy?
are typically based on either superior product quality or superior customer service.
Which one of the following is not one of the 5 generic types of competitive strategy?
12
Which one of the following is not one of the 5 generic types of competitive strategy?
Which one of the following is not one of the 5 generic types of competitive strategy?

Successful differentiation allows a firm to:
Which one of the following is not one of the 5 generic types of competitive strategy?
A)
Which one of the following is not one of the 5 generic types of competitive strategy?
gain buyer loyalty to its brand (because some buyers are strongly attracted to the differentiating features and bond with the company and its products).
Which one of the following is not one of the 5 generic types of competitive strategy?
B)
Which one of the following is not one of the 5 generic types of competitive strategy?
earn the highest profit margins of any company in the industry.
Which one of the following is not one of the 5 generic types of competitive strategy?
C)
Which one of the following is not one of the 5 generic types of competitive strategy?
attract many more buyers by charging a lower price than rivals and thereby take sales and market share away from rivals.
Which one of the following is not one of the 5 generic types of competitive strategy?
D)
Which one of the following is not one of the 5 generic types of competitive strategy?
command a premium price for its product and/or increase unit sales (because additional buyers are won over by the differentiating features).
Which one of the following is not one of the 5 generic types of competitive strategy?
E)
Which one of the following is not one of the 5 generic types of competitive strategy?
Both A and D.
Which one of the following is not one of the 5 generic types of competitive strategy?
13
Which one of the following is not one of the 5 generic types of competitive strategy?
Which one of the following is not one of the 5 generic types of competitive strategy?

In which one of the following market circumstances is a broad differentiation strategy generally not well-suited?
Which one of the following is not one of the 5 generic types of competitive strategy?
A)
Which one of the following is not one of the 5 generic types of competitive strategy?
When buyer needs and preferences are too diverse to be fully satisfied by a standardized product
Which one of the following is not one of the 5 generic types of competitive strategy?
B)
Which one of the following is not one of the 5 generic types of competitive strategy?
When few rivals are pursuing a similar differentiation approach
Which one of the following is not one of the 5 generic types of competitive strategy?
C)
Which one of the following is not one of the 5 generic types of competitive strategy?
When most competitors are using eye-catching ads to set their product offerings apart and build a brand image that is differentiated
Which one of the following is not one of the 5 generic types of competitive strategy?
D)
Which one of the following is not one of the 5 generic types of competitive strategy?
When there are many ways to differentiate the product or service and many buyers perceive these differences as having value
Which one of the following is not one of the 5 generic types of competitive strategy?
E)
Which one of the following is not one of the 5 generic types of competitive strategy?
When technological change is fast-paced and competition revolves around rapidly evolving product features
Which one of the following is not one of the 5 generic types of competitive strategy?
14
Which one of the following is not one of the 5 generic types of competitive strategy?
Which one of the following is not one of the 5 generic types of competitive strategy?

Which of the following is not one of the pitfalls of pursuing a differentiation strategy?
Which one of the following is not one of the 5 generic types of competitive strategy?
A)
Which one of the following is not one of the 5 generic types of competitive strategy?
Trying to charge too high a price premium for the differentiating features
Which one of the following is not one of the 5 generic types of competitive strategy?
B)
Which one of the following is not one of the 5 generic types of competitive strategy?
Over-differentiating so that the features and attributes incorporated exceed buyer needs and requirements
Which one of the following is not one of the 5 generic types of competitive strategy?
C)
Which one of the following is not one of the 5 generic types of competitive strategy?
Trying to create strong brand loyalty rather than being content with weak brand loyalty (which usually means lower costs and higher profitability)
Which one of the following is not one of the 5 generic types of competitive strategy?
D)
Which one of the following is not one of the 5 generic types of competitive strategy?
Differentiating on features or attributes that rivals can easily copy
Which one of the following is not one of the 5 generic types of competitive strategy?
E)
Which one of the following is not one of the 5 generic types of competitive strategy?
Overspending on efforts to differentiate the company's product offering
Which one of the following is not one of the 5 generic types of competitive strategy?
15
Which one of the following is not one of the 5 generic types of competitive strategy?
Which one of the following is not one of the 5 generic types of competitive strategy?

A strategy of being a best-cost provider:
Which one of the following is not one of the 5 generic types of competitive strategy?
A)
Which one of the following is not one of the 5 generic types of competitive strategy?
is the easiest of the five generic types of competitive strategies to copy or imitate.
Which one of the following is not one of the 5 generic types of competitive strategy?
B)
Which one of the following is not one of the 5 generic types of competitive strategy?
combines a strategic emphasis on low cost with a strategic emphasis on more than minimally acceptable quality, service, features, and performance.
Which one of the following is not one of the 5 generic types of competitive strategy?
C)
Which one of the following is not one of the 5 generic types of competitive strategy?
is almost always more profitable than focused or market niche strategies because of the potential for selling more units and realizing higher revenues.
Which one of the following is not one of the 5 generic types of competitive strategy?
D)
Which one of the following is not one of the 5 generic types of competitive strategy?
is the most attractive of all the competitive strategies because it combines the best features of the four other generic types of competitive strategies.
Which one of the following is not one of the 5 generic types of competitive strategy?
E)
Which one of the following is not one of the 5 generic types of competitive strategy?
is usually somewhat less profitable than either top-of-the-line differentiation or low-cost leadership strategies because it is based on achieving a weaker type of competitive advantage.
Which one of the following is not one of the 5 generic types of competitive strategy?
16
Which one of the following is not one of the 5 generic types of competitive strategy?
Which one of the following is not one of the 5 generic types of competitive strategy?

What sets focused (or market niche) strategies apart from low-cost leadership and broad differentiation strategies is:
Which one of the following is not one of the 5 generic types of competitive strategy?
A)
Which one of the following is not one of the 5 generic types of competitive strategy?
the extra attention paid to establishing a distinctive competence.
Which one of the following is not one of the 5 generic types of competitive strategy?
B)
Which one of the following is not one of the 5 generic types of competitive strategy?
their concentrated attention on serving the needs of buyers in a narrow piece of the overall market.
Which one of the following is not one of the 5 generic types of competitive strategy?
C)
Which one of the following is not one of the 5 generic types of competitive strategy?
greater opportunity for brand loyalty.
Which one of the following is not one of the 5 generic types of competitive strategy?
D)
Which one of the following is not one of the 5 generic types of competitive strategy?
their suitability for market situations where technological change is fast-paced and continuous product innovation is a key success factor.
Which one of the following is not one of the 5 generic types of competitive strategy?
E)
Which one of the following is not one of the 5 generic types of competitive strategy?
their bold strategic intent of global market leadership via heavy advertising.
Which one of the following is not one of the 5 generic types of competitive strategy?
17
Which one of the following is not one of the 5 generic types of competitive strategy?
Which one of the following is not one of the 5 generic types of competitive strategy?

A focused low-cost strategy (see Table 5.1):
Which one of the following is not one of the 5 generic types of competitive strategy?
A)
Which one of the following is not one of the 5 generic types of competitive strategy?
involves a marketing emphasis that communicates the attractiveness of a budget-priced product tailored to fit the expectations of buyers comprising the target market niche.
Which one of the following is not one of the 5 generic types of competitive strategy?
B)
Which one of the following is not one of the 5 generic types of competitive strategy?
is the hardest of the five generic types of competitive strategies to employ successfully.
Which one of the following is not one of the 5 generic types of competitive strategy?
C)
Which one of the following is not one of the 5 generic types of competitive strategy?
involves the use of deep price discounting to capture customers.
Which one of the following is not one of the 5 generic types of competitive strategy?
D)
Which one of the following is not one of the 5 generic types of competitive strategy?
entails trying to wrest market share away from rivals via extra advertising, above-average expenditures for promotional programs, and heavy use of point-of-sale merchandising techniques.
Which one of the following is not one of the 5 generic types of competitive strategy?
E)
Which one of the following is not one of the 5 generic types of competitive strategy?
cannot be sustained over time unless the focuser is aggressive in entering other segments where it also can achieve a low-cost advantage.
Which one of the following is not one of the 5 generic types of competitive strategy?
18
Which one of the following is not one of the 5 generic types of competitive strategy?
Which one of the following is not one of the 5 generic types of competitive strategy?

A focused differentiation strategy aims at securing competitive advantage by:
Which one of the following is not one of the 5 generic types of competitive strategy?
A)
Which one of the following is not one of the 5 generic types of competitive strategy?
providing buyers in the target market niche with the best performance features at the best price.
Which one of the following is not one of the 5 generic types of competitive strategy?
B)
Which one of the following is not one of the 5 generic types of competitive strategy?
catering to buyers looking for a medium-quality product at an average price.
Which one of the following is not one of the 5 generic types of competitive strategy?
C)
Which one of the following is not one of the 5 generic types of competitive strategy?
offering buyers in the target market niche a product which they perceive is uniquely well suited to their tastes and preferences.
Which one of the following is not one of the 5 generic types of competitive strategy?
D)
Which one of the following is not one of the 5 generic types of competitive strategy?
developing unique product attributes.
Which one of the following is not one of the 5 generic types of competitive strategy?
E)
Which one of the following is not one of the 5 generic types of competitive strategy?
convincing buyers that the company is a true leader in product innovation.
Which one of the following is not one of the 5 generic types of competitive strategy?
19
Which one of the following is not one of the 5 generic types of competitive strategy?
Which one of the following is not one of the 5 generic types of competitive strategy?

Which of the following are distinguishing features of a best-cost provider strategy (see Table 5.1)?
Which one of the following is not one of the 5 generic types of competitive strategy?
A)
Which one of the following is not one of the 5 generic types of competitive strategy?
The strategic target is price-conscious buyers
Which one of the following is not one of the 5 generic types of competitive strategy?
B)
Which one of the following is not one of the 5 generic types of competitive strategy?
A marketing emphasis on charging a slightly higher price than rival brands having comparable features and attributes
Which one of the following is not one of the 5 generic types of competitive strategy?
C)
Which one of the following is not one of the 5 generic types of competitive strategy?
A product line that stresses wide selection, many product variations, and emphasis on differentiating features
Which one of the following is not one of the 5 generic types of competitive strategy?
D)
Which one of the following is not one of the 5 generic types of competitive strategy?
A competitive advantage based on more value for the money
Which one of the following is not one of the 5 generic types of competitive strategy?
E)
Which one of the following is not one of the 5 generic types of competitive strategy?
Using constant product innovation, excellent R&D skills, and periodic technological breakthroughs to sustain the strategy
Which one of the following is not one of the 5 generic types of competitive strategy?
20
Which one of the following is not one of the 5 generic types of competitive strategy?
Which one of the following is not one of the 5 generic types of competitive strategy?

Based on the information in Table 5.1, which of the following is not a distinguishing feature of a low-cost provider strategy?
Which one of the following is not one of the 5 generic types of competitive strategy?
A)
Which one of the following is not one of the 5 generic types of competitive strategy?
The product line consists of a few basic models having minimal frills and acceptable quality
Which one of the following is not one of the 5 generic types of competitive strategy?
B)
Which one of the following is not one of the 5 generic types of competitive strategy?
The production emphasis is on continuously searching for ways to reduce costs without sacrificing acceptable quality and essential features
Which one of the following is not one of the 5 generic types of competitive strategy?
C)
Which one of the following is not one of the 5 generic types of competitive strategy?
The marketing emphasis is on making virtues out of product features that lead to low cost
Which one of the following is not one of the 5 generic types of competitive strategy?
D)
Which one of the following is not one of the 5 generic types of competitive strategy?
The strategic target is value-conscious buyers and sustaining the strategy depends on frequent advances in technology and occasional product innovations
Which one of the following is not one of the 5 generic types of competitive strategy?
E)
Which one of the following is not one of the 5 generic types of competitive strategy?
Sustaining the strategy revolves around managing costs down year-after-year and delivering good value at economical prices

What are the 5 generic competitive strategies?

Here are five types of competitive strategy and an example for each:.
Cost leadership. ... .
Product differentiation. ... .
Customer relationship management (CRM) ... .
Cost focus. ... .
Commitment to customers strategy..

What are the 5 types of competitive advantage?

Five types of competitive advantage.
Cost-based advantage. This is the most obvious way of achieving competitive advantage. ... .
Advantage from a differentiated product or service. ... .
First mover advantage. ... .
Time-based advantage. ... .
Technology-based advantage..

What are the 4 competitive strategies?

4 Types of Competitive Strategies.
Cost leadership strategy. It suits large businesses that can produce a big volume of products at a low cost, and that is why Walmart implemented this strategy. ... .
Differentiation leadership strategy. ... .
Cost focus strategy. ... .
Differentiation focus strategy..

How many types of generic competitive strategies are there?

The two basic types of competitive advantage combined with the scope of activities for which a firm seeks to achieve them, lead to three generic strategies for achieving above average performance in an industry: cost leadership, differentiation, and focus.

generic types competitive strategy

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