To Succeed with a Low-Cost Provider Strategy,company Managers Have To

question 105

Multiple Choice

To succeed with a low-cost provider strategy,company managers have to:

• A) pursue backward or forward integration to detour suppliers or buyers with considerable bargaining power and leverage.
• B) move the performance of most all value chain activities to low-wage countries.
• C) sell direct to users of their product or service and eliminate the use of wholesale and retail intermediaries.
• D) do two things: (1)perform value chain activities more cost-effectively than rivals,and (2)act proactively in revamping the firm's overall value chain to eliminate or bypass "nonessential" cost-producing activities.
• E) outsource the biggest majority of value chain activities.

---

Definitions:

SFTP

Secure File Transfer Protocol; a protocol used to securely transfer files over a network.

Protected Traffic

Network traffic that is secured through encryption or other security measures to prevent unauthorized access and ensure data privacy.

Firmware

A combination of hardware and software attributes. An example is a BIOS chip that has instructions (software) written into it.

Wireless Access Points

Devices that allow wireless-enabled devices to connect to a wired network using Wi-Fi or related standards.