Which of the Following Principles of Competitive Advantage Is Associated

question 80

Multiple Choice

Which of the following principles of competitive advantage is associated with product implementations?

• A) locking in customers
• B) differentiating service offerings
• C) locking in suppliers
• D) establishing alliances
• E) raising barriers to market entry

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Definitions:

Pure Level Strategy

A production strategy where output levels are kept constant despite fluctuating demand, leading to inventory buildup or shortages.

Demand Requirements

The quantity of products or services that the market requires at any given time.

Transportation Model

A mathematical model used to plan and optimize the transportation of goods from several sources to several destinations, minimizing the cost of transportation.

Linear Programming

An optimization method for achieving the best outcome in a mathematical model whose requirements are represented by linear relationships.