The text provides three primary strategic approaches (differentiation, cost, and
ID: 386292 • Letter: T
Question
The text provides three primary strategic approaches (differentiation, cost, and response) for achieving competitive advantage. Provide an example of each. Support your choices Choose the correct example of differentiation and its explanation below O A. Starbucks, as it provides the best cheap coffees, including canned, ground, fair trade and organic coffees O B. Johnson Electric, as it specializes in industrial and commercial electrical construction projects. ° C. Starbucks, as it provides the special atmosphere and aroma of fresh coffee D. Johnson Electric, as it competes on speed-speed in design, production, and delivery. Choose the correct example of cost leadership and its explanation below O A. Wal-Mart, as it has the low overhead and huge buying power to pressure its suppliers into concessions. O B. Disney Magic Kingdom, as here people are surrounded by a dynamic visual and sound experience ° C. Disney Magic Kingdom, as it provides the best free and low-cost attractions and places to visit O D. Wal-Mart, as it provides the fast product delivery to the customers Choose the correct example of response and its explanation below o A. Johnson Electric, as it specializes in industrial and commercial electrical construction projects O B. Johnson Electric, as it competes on speed-speed in design, production, and delivery. O c. Disney Magic Kingdom, as it provides the best free and low-cost attractions and places to visit. ( D. Disney Magic Kingdom, as here people are surrounded by a dynamic visual and sound experience.Explanation / Answer
1. Johnson Electric, as it specializes in industrial and commercial electrical construction projects.
This is an example of diifferentiation strategy as because the specialization of the organization is discussed in this aspect and is mentioned that it specializes in a particular field.
2. Wal-Mart, it has the low overhead and huge buying power to pressure its suppliers into concessions
Cost leadership is defined as the strategy in which the lowest cost of operations is maintained by the organization.
3. Disney Magic Kingdon, as it provides the best free and low-cost attractions and places to visit.
The proper strategy in order to enhance better opportunities that will make the business process better.
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