Advantage through commitment to continuing improvements

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Reference no: EM132206535

1. Walmart is such a? large-volume retailer that it is in a position to dictate terms to any vendor wanting to have its products available at Walmart stores. This is an example of? ________.

A. threat of substitute products

B. rivalry among competitors

C. threat of new entrants

D. bargaining power of suppliers

E. bargaining power of buyers

2. A lack of significant differentiation is a factor of which of the following? forces?

A. Rivalry among competitors

B. Bargaining power of suppliers

C. Threat of substitute products

D. Threat of new entrants

E. Bargaining power of buyers

3. Cost? leadership, product? differentiation, cost? focus, and focused differentiation are types of? ________.

A. loose bricks

B. layers of advantage

C. collaboration

D. generic strategies

E. strategic intent

4. Which of the following is a competitive advantage built on a? firm's position as the? low-cost leader?

A. Narrow market strategy

B. Strategic intent

C. Generic strategy

D. Cost leadership

E. Focused differentiation

5. Creating competitive advantage through commitment to continuing improvements is a key to which of the following competitive? strategies?

A. Generic strategy

B. Focused differentiation

C. Broad market strategy

D. Strategic intent

E. Cost focus

Reference no: EM132206535

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