Key for companies when choosing competitive strategy

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Reference no: EM132231115

1. Which of the following is a key for companies when choosing a competitive strategy?

The competitive strategy of companies must be distinctive and maintainable.

Companies must sell products at the highest price to become a cost leader.

Companies should try to imitate the competitive strategies of competitors.

It is essential for companies to commit to more than one strategy at a time.

2. The MIT Performance Review example utilized a combination of the graphic rating scale and ranking methodologies.

True

False

3. How is? cash-to-cash cycle time? computed?

A. inventory days of supply? + days of receivables outstanding minus− days of payables outstanding

B. inventory days of supply? + days of receivables outstanding? + days of payables outstanding

C. inventory days of supply? + days of payables outstanding minus− days of receivables outstanding

D. days of receivables outstanding? + days of payables outstanding minus− inventory days of supply

4. Successful supplier relationships involve equal decision-making control between both the buyer and the supplier

True or false

AND WHY?

Reference no: EM132231115

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