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Which of the following is NOT one of the five generic types of competitive strategy?
 
A. A low-cost provider strategy
B. A broad differentiation strategy
C. A best-cost provider strategy
D. A focused low-cost provider strategy
E. A market share dominator strategy

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Irving Heathcote
Irving HeathcoteLv2
24 Mar 2020
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Related questions

A competitive strategy of striving to be the low-cost provider is particularly attractive when:

A) buyers are not price sensitive.

B) the industry is made up of a large number or equal-sized rivals.

C) there are many ways to achieve product differentiation that have value to buyers.

D) price competition is especially vigorous, buyers have low switching costs, and the majority of industry sales are made to a few, large volume buyers.

E) switching costs are high, price competition is strong, and buyers tend to use the industry's products in many different ways.

Which of the following is not true about strategy and/or strategic management? 
 
a. The strategic leader's perspective ought to be the holistic consideration of the business and its environment. 
b. Strategic management encompasses all the functional areas of business. 
c. In business, the strategy requires a big-picture perspective. 
d. Strategies sometimes emerge from bottom-up processes. 
e. A good leader can afford to devise a strategy in isolation from the lower-level leaders who are responsible for executing it

Which of the following is NOT part of the strategic human resource management process?

A. Plan for human resources needs.

B. Establish a grand strategy.

C. Recruit and select people.

D. Orient, train and develop personnel.

E. Negotiate employment contracts.

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