Generic Strategies

Generic Strategies

2nd Grade

10 Qs

quiz-placeholder

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Generic Strategies

Generic Strategies

Assessment

Quiz

English

2nd Grade

Hard

Created by

Golden IELTS

Used 12+ times

FREE Resource

10 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

All of the following are common tools used in industry to analyze and develop competitive advantages, except

Five Forces Model

Three Generic Strategies

Competitive analysis model

Value chain analysis

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Dell computer allows customer to build their own computers on line. Which of the following is Dell is using as its generic strategy

Broad cost leadership

Broad differentiation

Focused cost leadership

Focused differentiation

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following strategic options is the odd one out?

cost leadership

differentiation

Focus

Hybrid

4.

MULTIPLE CHOICE QUESTION

45 sec • 1 pt

Which of the following best describes a strategy of differentiation, according to Porter's generic strategies model?

When an organisation has a widely recognised brand name

When an organisation has a competency that distinguishes it from other organisation in its industry

hen an organisation's products or services offer features that are not offered by competitors' offerings

When the products are perceived to offer greater satisfaction and for which customers are, consequently, prepared to pay premium price

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A low-cost leader's basis for competitive advantage is

using an everyday low pricing strategy to gain the biggest market share.

meaningfully lower overall costs than competitors.

a reputation for charging the lowest prices in the industry.

bigger profit margins than rival firms.

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

.......strategy focuses on providing high-quality goods and services at the lowest prices.

Cost leadership

Differentiation

Focus

Transition

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Chiến lược dẫn đầu chi phí thấp thuộc cấp chiến lược nào sau đây:

cấp công ty mẹ

cấp chức năng

cấp đơn vị kinh doanh

cấp liên minh

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