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

question 21

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 use of wholesale and retail intermediaries.
• D) (1) perform value chain activities more cost-effectively than rivals and (2) be proactive in revamping the firm's overall value chain to eliminate or bypass "nonessential" cost-producing activities.
• E) outsource the majority of value chain activities.

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Definitions:

Post-Traumatic Stress Disorder

A mental health condition triggered by experiencing or witnessing a traumatic event, characterized by flashbacks, anxiety, and other symptoms.

Traumatic Experiences

Events or situations that cause severe psychological distress, often leading to lasting emotional and psychological effects.

Depersonalization

A psychological phenomenon where an individual feels detached from their own thoughts, feelings, or sense of identity, often as a response to stress or trauma.

Job Burnout

A state of physical, emotional, or mental exhaustion combined with doubts about one's competence and the value of work.