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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