strategy is about understanding your competitors and doing the opposite. true or false?
strategy is about understanding your competitors and doing the opposite. true or false?
Homework Answers
False
Strategy is about understanding the competitors and doing as appropriate, not necessarily likewise or opposite in order to stay ahead of the competition
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strategy is about understanding your competitors and doing the
opposite. true or false?
true or false: the following is idiosyncratic risk: the risk that your firm X's employees will be hired away by competitors.
true or false: the following is idiosyncratic risk: the risk that your firm X's employees will be hired away by competitors.
The threat of competitors swooping in to steal your customers or your share of the market...
The threat of competitors swooping in to steal your customers or your share of the market can sometimes seem overwhelming for a small-business owner. Competition is inevitable in the business world. Understanding Strategy: Defensive strategies are management tools that can be used to fend off an attack from a potential competitor. Defending your business strategically is about knowing the market you're best equipped to operate. Other word In contrast to offensive strategies which are aimed to attack your market competition...
Competitive firms are price takers largely because of intensive advertising by their competitors True or False...
Competitive firms are price takers largely because of intensive advertising by their competitors True or False True False
The success of a strategy depends on doing many things well and: A. adjusting the company...
The success of a strategy depends on doing many things well and: A. adjusting the company mission to match what you excel at. B. performing at a high level. C. doing them better than your competitors. D. integrating among them.
ABC Footwear has recently entered the athletic footwear industry. Since most of its competitors are pursuing...
ABC Footwear has recently entered the athletic footwear industry. Since most of its competitors are pursuing a broad differentiation strategy and doing well, ABC Footwear also wants to adopt the same strategy. Based on this scenario, answer the true/false question below. ABC Footwear will face high profit potential.
Is General Electric company’s strategy ethical? Why or why not? Is there anything about General Electric...
Is General Electric company’s strategy ethical? Why or why not? Is there anything about General Electric company has done or is now doing that could legitimately be considered as “shady” by competitors?
TRUE OR FALSE A TRUE B FALSE 1. Given two possible legal ways of doing a...
TRUE OR FALSE A TRUE B FALSE 1. Given two possible legal ways of doing a business transaction, one is legally obligated to do the deal in the way that results in the higher incorme tax 2. The 100% ownss
QUESTION 8 Cost leadership is a strategy in which a firm outperforms competitors in producing products...
QUESTION 8 Cost leadership is a strategy in which a firm outperforms competitors in producing products or services by Producing a new or innovative product or service Producing the highest quality product or service Producing a product or service at or among the lowest cost Producing inferior products or services that can be bought on the cheap QUESTION 9 The differentiation strategy is implemented by creating a perception among consumers that the product or service is unique in some important...
Are the following sentences describing the modern proactive purchasing and purchasing strategy true or false, in...
Are the following sentences describing the modern proactive purchasing and purchasing strategy true or false, in modern proactive (opposite is reactive) purchasing strategy? Short explanation / reasoning Why? Th theory claims that: Emphasis is in the strategy – not in today Plenty of suppliers means low cost Purchasing is a main management function Purchasing contributes to making markets to final customers Purchasing price is key variable in purchasing Win / loss negotiation situation in contracting is evident Information is valuable...
4. Consider the game below. P2's strategy C is a dominated strategy. True or False? Show...
4. Consider the game below. P2's strategy C is a dominated strategy. True or False? Show why. Your mark depends on your explanation. (2 points) Player 2 A B C Player 1 Up 1,4 2,1 1,3 Down 2,2 2,5 5,3
Competitive firms are price takers largely because of intensive advertising by their competitors True or False True False
TRUE OR FALSE A TRUE B FALSE 1. Given two possible legal ways of doing a business transaction, one is legally obligated to do the deal in the way that results in the higher incorme tax 2. The 100% ownss
QUESTION 8 Cost leadership is a strategy in which a firm outperforms competitors in producing products or services by Producing a new or innovative product or service Producing the highest quality product or service Producing a product or service at or among the lowest cost Producing inferior products or services that can be bought on the cheap QUESTION 9 The differentiation strategy is implemented by creating a perception among consumers that the product or service is unique in some important...
4. Consider the game below. P2's strategy C is a dominated strategy. True or False? Show why. Your mark depends on your explanation. (2 points) Player 2 A B C Player 1 Up 1,4 2,1 1,3 Down 2,2 2,5 5,3
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