Question 26 of 30

1.0 PointsFirms that pursue cost advantage will have different structures and systems than those pursuing differentiation advantages. Among the following features, which is not typically found among firms pursuing cost advantage? A. Employee remuneration based upon individual productivity

 B. Frequent performance reporting

 C. High levels of outsourcing

 D. Low levels of job specialization.

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Question 27 of 30

1.0 PointsAccording to Baden-Fuller and Stopford’s approach to rejuvenating the mature enterprise regards maturity as: A. A stage of the industry life cycle

 B. A consequence of inertia

 C. The triumph of exploitation over exploration

 D. A state of mind

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Question 28 of 30

1.0 PointsVertical integration by Zara, the main division and brand of the Spanish clothing firm Inditex, illustrates: A. The potential of vertical integration to offer flexibility in responding to seasonal fluctuations in demand

 B. The potential for vertical integration to offer flexibility in responding to rapid changes in customer product preferences

 C. The potential for vertical integration to overcome problems arising from the need for transaction-specific investments by garment manufacturers

 D. The potential for vertical integration to exploit technical economies from co-locating adjacent processes.

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Question 29 of 30

1.0 PointsConditions conducive to a firm adopting a leadership strategy in a declining industry are: A. A willingness by other firms to exit the industry

 B. Superior financial resources

 C. The presence of pockets of demand that are resilient and relatively price-insensitive

 D. Both (a) and (c).

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Question 30 of 30

1.0 PointsA firm’s competitive advantage is not necessarily revealed in higher profitability, it may be reflected in: A. Expanding market share

 B. An aggressive quest for acquisitions

 C. Increasing employee bonuses

 D. Expanding market share and/or increasing employee bonuses

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Status NEW Posted 15 Jun 2017 04:06 AM My Price 7.00

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