Which of the Following Is Not One of the Risks

question 4

Multiple Choice

Which of the following is not one of the risks of a cost leadership strategy?

• A) The technology that the organization has been using changes.
• B) Pricing for higher quality that is too far above the price of the competition.
• C) Competitors can achieve viable imitations.
• D) Other bases for cost leadership erode.
• E) Proximity in differentiation is lost.

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Definitions:

Universal Rules

Guidelines or principles that are intended to apply universally, without cultural, geographical, or situational exceptions.

Procedural Values

The principles or standards that guide how decisions are made or actions are carried out within an organization or society, emphasizing the importance of the process used.

Social Weighting

The process of assigning importance or value to individuals or groups within a social context, often influencing decision-making and interactions.

Rationalization Strategy

A method for improving efficiency and productivity through the standardization of processes and the adoption of best practices.