In Which of the Following Circumstances Is a Strategy to Be

question 46

Multiple Choice

In which of the following circumstances is a strategy to be the industry's overall low-cost provider NOT particularly well-matched to the market situation?

• A) When the offerings of rival firms are essentially identical and readily available from many eager sellers
• B) When there are few ways to achieve differentiation that have value to buyers
• C) When price competition among rival sellers is especially vigorous
• D) When buyers have widely varying needs and special requirements,and the prices of substitute products are relatively high
• E) When the majority of industry sales are made to a few,large-volume buyers

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Definitions:

Foreign Material

Substances or objects not naturally occurring in a given environment or context, often introduced from outside.

Destruction

The process of inflicting such severe destruction on something that it either ceases to exist or is beyond repair.

VA

An abbreviation often associated with the U.S. Department of Veterans Affairs, a federal agency providing healthcare, benefits, and services to military veterans.

Conjunctivitis

An inflammation of the conjunctiva, the clear membrane that lines the eyelid and covers the white part of the eyeball.