The Generic Types of Competitive Strategies Include

question 8

Multiple Choice

The generic types of competitive strategies include

• A)market share growth provider, sales revenue leader strategy, and market share retention strategy.
• B)offensive strategies, defensive strategies, and counter maneuvers strategies.
• C)low-cost provider, broad differentiation, best-cost provider, focused low-cost, and focused differentiation strategies.
• D)low-cost/low-price strategies, high-quality/high-price strategies, and medium quality/medium price strategies.
• E)price leader strategies, price follower strategies, technology leader strategies, and first-mover strategies.

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Definitions:

Profitability Ratios

Financial metrics used to assess a business's ability to generate profit relative to its revenue, operating costs, or shareholders' equity over time.

Cost Ratio

A financial metric that compares two cost-related factors against each other, often used to measure the efficiency or profitability of an operation.

Times Interest Earned Ratio

A financial metric used to measure a company's ability to meet its debt obligations, calculated as earnings before interest and taxes (EBIT) divided by interest expenses.

Operating Activities

The day-to-day activities of a business related to producing and selling its product, providing services, or other activities that are not investing or financing.