A Risk for a Firm That Tries to Attain Both

question 98

Multiple Choice

A risk for a firm that tries to attain both cost and differentiation advantages is that it can be stuck in the middle.An example of this is supermarkets because their ________ structure is ________ than discount retailers,and customers do not value their products and services as being high-end such as those offered by Whole Foods.

• A) cost; higher
• B) price; higher
• C) price; lower
• D) cost; lower

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Definitions:

Lemonade

A sweetened beverage made from lemon juice, water, and sugar, often consumed as a refreshment.

Taste

One of the five traditional senses, it refers to the ability to detect flavors in substances, particularly through taste buds on the tongue.

Conventional Moral Reasoning

A stage in moral development characterized by the adherence to societal rules and laws.

Society's Laws

Formal rules and regulations developed and enforced by a society or governing body to regulate behavior and maintain order.