_____ 29. Which of the following IS NOT one of the potential benefits of outsour

Question

_____ 29. Which of the following IS NOT one of the potential benefits of outsourcing? a. lower cost of production b. higher quality due to specialization c. increased flexibility d. better customer service _____ 30. The two factors of competitive advantage are a. supply and demand. c. narrow or broad target market. b. competitive scope and cost leadership. d. cost and uniqueness. _____ 31.The business-level strategy that focuses on a narrow competitive scope and product uniqueness is a. integrated cost leadership/differentiation. c. differentiation b. focused cost leadership. d. focused differentiation. _____ 32. The word or term that is most descriptive of the products offered by an organization using the differentiation strategy is a. uniqueness. c. luxuriousness. b. value for the money. d. high-technology. _____ 33. In an organization using the cost leadership strategy, the functional structure should emphasize the __________ function. a. Marketing c. accounting b. Operations d. personnel _____ 34. A strategy is an action plan which the firm develops when it offers diversified products or services. a. Diversification c. multiproduct b. Differentiation d. functional _____ 35. A is a specialized type of acquisition in which the target firm does not solicit the acquiring firm

Explanation / Answer

a. lower cost of production b. competitive scope and cost leadership. c. differentiation b. value for the money. b. Operations a. Rescue c. target screening. d. the company’s stock is no longer traded publicly.

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