please complete all of them TRUE / FALSE QUESTIONS 1. A business?level strategy
ID: 419646 • Letter: P
Question
please complete all of them
TRUE / FALSE QUESTIONS
1. A business?level strategy consists of the competitive approach of a single line?of?business instead of the entire corporation.
Answer: ______
2. Market penetration is an external growth strategy.
Answer: ______
3. In general, firms create competitive advantage by offering a basic product at a premium price and/or a preferred product at a low price.
Answer: ______
4. Analyzers are usually the first to enter new markets.
Answer: ______
5. Reactors are best suited to move quickly into new market opportunities.
Answer: ______
Explanation / Answer
Question:- A business level strategy consists of the competitive approach of a single line?of?business instead of the entire corporation.
Answer:- True
Question:- Market penetration is an external growth strategy.
Answer:- True
Question:- In general, firms create competitive advantage by offering a basic product at a premium price and/or a preferred product at a low price.
Answer:- False
Question:- Analyzers are usually the first to enter new markets.
Answer:- True
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