The Text Discusses Three Approaches to Combining Overall Cost Leadership

question 11

Multiple Choice

The text discusses three approaches to combining overall cost leadership and differentiation competitive advantages. These are the following, except

• A) automated and flexible manufacturing systems.
• B) exploiting the profit pool concept for competitive advantage.
• C) coordinating the 'extended' value chain by way of information technology.
• D) deriving benefits from highly focused and high technology markets.

---

Definitions:

Poisson Distribution

A statistical distribution that expresses the probability of a given number of events occurring in a fixed interval of time or space, assuming these events occur with a known constant rate and independently of the time since the last event.

M/M/1 Queue

A model describing a queueing scenario with a single server, where arrivals are determined by a Poisson process, and service times have an exponential distribution.

Units in the System

The total number of items or entities currently being processed or within a particular process or system at any given time.

Poisson Distribution

A statistical distribution describing the probability of a given number of events happening in a fixed interval of time or space, assuming events happen independently at a constant rate.