A company's biggest vulnerability in employing a best-cost provider strategy is A) getting trapped in a price war with low-cost leaders. B) getting squeezed between the strategies of firms employing low-cost provider strategies and high-end differentiation strategies. C) relying too heavily on outsourcing. D) not having a sustainable distinctive competence in cost reduction. E) being timid in cutting its prices far enough below high-end differentiators to win away many of their customers.
A company's biggest vulnerability in employing a best-cost provider strategy is A) getting trapped in a price war with low-cost leaders. B) getting squeezed between the strategies of firms employing low-cost provider strategies and high-end differentiation strategies. C) relying too heavily on outsourcing. D) not having a sustainable distinctive competence in cost reduction. E) being timid in cutting its prices far enough below high-end differentiators to win away many of their customers.
Practical Management Science
6th Edition
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:WINSTON, Wayne L.
Chapter2: Introduction To Spreadsheet Modeling
Section: Chapter Questions
Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...
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A company's biggest vulnerability in employing a best-cost provider strategy is
A) getting trapped in a price war with low-cost leaders.
B) getting squeezed between the strategies of firms employing low-cost provider strategies and high-end differentiation strategies.
C) relying too heavily on outsourcing.
D) not having a sustainable distinctive competence in cost reduction.
E) being timid in cutting its prices far enough below high-end differentiators to win away many of their customers.
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