A Competitive Strategy Predicated on Low-Cost Leadership Tends to Work

question 48

Multiple Choice

A competitive strategy predicated on low-cost leadership tends to work best when:

• A) there are widely varying needs and preferences among the various buyers of the product or service.
• B) there are many market segments and market niches,such that it is feasible for a low-cost leader to dominate the niche where buyers want a budget-priced product.
• C) price competition among rivals is especially vigorous and the offerings of rival firms are essentially identical,standardized,commodity-like products.
• D) buyers prefer that the products/services of competing sellers have widely varying attributes and prices.
• E) buyers have high switching costs and there is considerable diversity in how buyers use the product.

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Definitions:

Singlets

In spectroscopy, a single peak or line that represents a non-split energy level.

DEPT-90

A nuclear magnetic resonance (NMR) technique that distinguishes between CH and CH3 groups in a molecule.

DEPT-135

An NMR spectroscopy technique that distinguishes between carbon atoms attached to hydrogen atoms, depending on the number of hydrogen atoms (CH, CH2, or CH3).

Quaternary

Referring to carbon atoms bonded to four different groups, especially relevant in organic chemistry when discussing carbon structure and stereochemistry.