N-Joi Ice Creams Was Facing Competition to Their Flagship Brand

question 61

Multiple Choice

N-joi Ice Creams was facing competition to their flagship brand of "black sesame soft ice-cream" from their immediate competition which offered three varieties of "black sesame soft ice-cream." N-joi decides to counter the threat by bringing out five new variants at a reduced introductory price.Which competitive strategy is N-joi implementing?

• A)cost leadership
• B)product differentiation
• C)cost differentiation in the segment
• D)service focus

Understand the key messages and recommendations of the Institute of Medicine's Future of Nursing (2011).

Recognize the significance of continued competence for various stakeholders.

Identify organizations and summits contributing to the excellence in the professional nursing practice environment.

Comprehend the five core competencies identified for all health professionals.

---

Definitions:

Equilibrium Theory

A theory suggesting that individuals strive to maintain a balance between their input (effort, skill) and output (rewards, recognition) in relationships and groups.

Deviant Member

Describes an individual within a group whose behaviors, beliefs, or attitudes diverge significantly from the group's norms or standards.

Cohesive

Describes a group, organization, or other collection of individuals that is united or sticking together closely, often sharing common goals or attitudes.

Interpersonal Zones

The physical distances individuals maintain in social interactions, which can indicate levels of intimacy, comfort, or social norms.