Different Companies Across Different Industries Adopt Any One of the Five

question 16

Multiple Choice

Different companies across different industries adopt any one of the five generic strategies to gain competitive advantage.Which of the following businesses is most likely to use a low-cost provider strategy?

• A)A fashion clothing line uses sought-after designers and natural fabrics
• B)A mortgage company specializes in lending money for second homes
• C)An online retailer delivers organic groceries overnight
• D)A baby products retailer sells unassembled baby furniture produced in China
• E)A dairy products manufacturer uses exotic substitutes to produce lactose-free dairy products

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Definitions:

Eibl-Eibesfeldt

Refers to Irenäus Eibl-Eibesfeldt, an ethologist known for his work in human behavior and evolutionary biology.

Aggressive Encounter

An interaction characterized by behaviors intended to harm or intimidate another individual, often driven by anger or hostility.

Courtship

The period in a relationship which precedes engagement and marriage, characterized by various social activities and efforts to win the affection of the partner.

Anthropomorphic Method

A technique in which human traits, emotions, or intentions are attributed to non-human entities, including animals and deities.