An Integration Strategy Differs from a Low-Cost Strategy in That

question 47

Multiple Choice

An integration strategy differs from a low-cost strategy in that:

• A) the intent of an integration strategy is not to be the absolute lowest-cost provider because an integrator must also increase perceived value.
• B) the focus of an integrator is on lowering the economic value created, whereas a cost leader focuses on increasing the economic value created.
• C) economies of scale are more important to an integrator, while economies of scope are more important to a cost leader.
• D) an integrator's research and development focus is on process technologies, and a cost-leader's focus is on product technologies.

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Definitions:

Time and a Half

A rate of pay that is 1.5 times the employee's normal hourly wage, typically paid for overtime work.

OASDI

Old-Age, Survivors, and Disability Insurance, a comprehensive federal benefits program that provides benefits to retired people, the disabled, and families of retired, disabled or deceased workers.

Hospital Insurance

A type of insurance coverage that pays for medical and surgical expenses incurred during hospitalization.

OASDI

Old-Age, Survivors, and Disability Insurance, a comprehensive federal benefits program that provides retirement, survivor, and disability benefits.