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When firm competes as differentiator

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Reference no: EM132195668

1. When a firm competes as a differentiator, it becomes a competitor that hopes to achieve _____.

a. Lower prices and margins because of average quality

b. Lower margins due to a higher cost basis than rivals

c. Higher margins due to a lower cost basis than rivals

d. Higher prices and margins because of superior quality

2. Heavy reliance on branding enables McDonalds to position itself as a reliable, high-quality provider of low-cost fast food. If McDonald’s achieves a(n) __________ position, it will be able to command higher prices than its competitors.

a. Integrated

b. Diverse

c. Independent

d. Focused

3. In which type of inventory system do suppliers deliver small lots on a daily or frequent basis?

Lean manufacturing system

Stock shortage manufacturing system

Timely inventory system

Inventory holdback System

4. In which type of inventory system do suppliers deliver small lots on a daily or frequent basis?

Lean manufacturing system

Stock shortage manufacturing system

Timely inventory system

Inventory holdback System

5. The term for a blog that consists of frequent but very brief posts containing texts, pictures, or videos is which of the following?

Micropost

Minipost

Miniblog

Microblog

Reference no: EM132195668

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