Which of the Following Statements About Competitive Priorities Is TRUE

question 119

Multiple Choice

Which of the following statements about competitive priorities is TRUE?

• A) Firms emphasizing low price have slack capacity and hold large inventories in order to be efficient.
• B) To survive, all firms in an industry must compete on the same dimensions of competitive priority.
• C) Club Med competes on the dimension of high-performance design in part by offering excellent entertaining, dining, and recreational facilities.
• D) A good delivery time is less than a few weeks, irrespective of the industry under consideration.

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Definitions:

New Yorker

A resident or native of New York City.

Ingroup Bias

The tendency to favor one's own group over others, often resulting in prejudice and discrimination.

Outgroup Homogeneity

Outgroup Homogeneity is the tendency to view members of an outgroup as more similar to each other than they really are, often leading to stereotyping.

Scapegoating

The practice of unfairly blaming an individual or group for problems or negative outcomes, often to divert attention from the real causes.