When It Is Difficult or Impossible to Out-Strategize Rivals (Beat

question 106

Multiple Choice

When it is difficult or impossible to out-strategize rivals (beat them with a superior strategy) , the other main avenue to competitive advantage is to

• A)do a better job of empowering employees and flattening the organization structure.
• B)outcompete rivals with a stronger corporate culture.
• C)out-execute them (beat them by performing certain value chain activities in superior fashion).
• D)beat them with a healthy corporate culture based on such core values as high ethical standards, a strong sense of corporate social responsibility, and genuine concern for customer well-being.
• E)institute a more motivating and cost-efficient compensation and reward system.

Understand the diversity and classification of bacteria based on cell structure and morphology.

Identify the unique characteristics of various bacterial groups.

Distinguish between bacterial groups based on the presence or absence of a cell wall.

Recognize the significance of a waxy cell wall in certain bacteria and its implications for bacterial survival and pathogenicity.

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Definitions:

Brand Extension

A strategy where a firm uses an existing brand name to introduce a new product or service category to the market.

Line Extension

A marketing strategy where a company introduces additional items in the same product category under the same brand name, such as new flavors, forms, colors, added ingredients, or package sizes.

Homemade Soda

Soda made at home using ingredients and methods that allow customization and control over the final taste.

Family Brand

A marketing strategy in which a range of products is marketed under a single brand name, aiming to capture consumer trust and loyalty.