Which of the Following Are Not Distinguishing Features of a Company's

question 57

Multiple Choice

Which of the following are not distinguishing features of a company's successful best-cost provider strategy?

• A)It develops core competencies that allow differentiating attributes to be incorporated at a low cost.
• B)It has unmatched efficiency in managing essential value chain activities.
• C)It seeks to deliver superior value to buyers by satisfying their expectations on key quality/service/features/performance attributes and beating their expectations on price (given what rivals are charging for much the same attributes).
• D)It seeks to be the low-cost provider in the largest and fastest-growing (or best)market segment.
• E)It enjoys a competitive advantage based on more value for the money.

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Definitions:

Data Analytics

Data analytics involves the process of examining datasets in order to draw conclusions about the information they contain, increasingly using specialized systems and software to identify trends, patterns, and insights.

Information

Data that has been processed, organized, or structured in a way that adds context or meaning, making it useful for decision-making.

Local Unemployment

The percentage of the workforce that is not employed within a specific geographical area.

National Unemployment

The percentage of the labor force that is unable to find employment, considered an important indicator of the economic health of a country.