In Which of the Following Circumstances Is a Strategy to Be

question 3

Multiple Choice

In which of the following circumstances is a strategy to be the industry's overall low-cost provider not particularly well matched to the market situation?

• A) When the offerings of rival firms are essentially identical,standardized,commodity-like products
• B) When there are few ways to achieve differentiation that have value to buyers
• C) When price competition is especially vigorous
• D) When buyers have widely varying needs and special requirements and when the cost of switching purchases from one seller to another are relatively high
• E) When industry newcomers use introductory prices to build a customer base

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Definitions:

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Acts or instances that cause a temporary cessation or disruption of an ongoing activity or process.

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The stage of psychological development at which a person's sexual instincts are integrated and maturely expressed.

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A profound and complex emotion characterized by affection, care, and attachment towards others.

Infancy

The early stage of a child's life, beginning at birth and continuing until the age of two.