Cost leadership as a strategy requires a firm to____________.
A: aggressively seach out efficiencies to maintain the lowest cost structure
B: be unique in its product offering
C: aim at a cost advantage in a niche market
D: aim to be similar to its competition in most operations
A: aggressively seach out efficiencies to maintain the lowest cost structure
B: be unique in its product offering
C: aim at a cost advantage in a niche market
D: aim to be similar to its competition in most operations
举一反三
- A cost leadership strategy requires a firm to ________. A: match its competition in terms of costs B: aim at a cost advantage in a niche market C: maintain the lowest cost structure D: be unique in its product offering
- 6.When an enterprise is in a wide market and its competitive advantage is differentiated, then it can be seen that the basic competitive strategy of the enterprise is A: Differential focus strategy B: High difference positioning strategy C: Low cost positioning strategy D: Cost focus strategy
- Which of the following statements is most accurate regarding a firm’s cost of preferred shares A firm’s cost of preferred stock is:（） A: the market price of the preferred shares as a percentage of its issuance price. B: the dividend yield on the firm’s newly-issued preferred stock. C: approximately equal to the market price of the firm’s debt as a percentage of the market price of its common shares.
- When using the____, there is a potential danger of a broad-market cost leader.( ) A: cost leadership B: differentiation strategy C: differentiation focus strategy D: cost focus strategy
- ____ is the strategy used by businesses to create a low cost of operation within their niche. The use of this strategy is primarily to gain an advantage over competitors by reducing operation costs below that of others in the same industry.( ) A: Differentiation focus B: Cost focus C: Cost leadership D: Differentiation