McDonald achieved competitive advantage by making six major innovations including layout strategy and product strategy among...
McDonald achieved competitive advantage by making six major innovations including layout strategy and product strategy among others.
a) True
b) False
Homework Answers
False
They actually focussed more on price and type of products that helped them achieve a competitive advantage in the industry.
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McDonald achieved competitive advantage by making six major
innovations including layout strategy and product strategy among...
1. Some companies change a competitive game successfully, so that they help their competitors as well...
1. Some companies change a competitive game successfully, so that they help their competitors as well as themselves. For example, Lending Club is among the new online lenders disrupting the consumer finance industry. But Lending Club is working with Citigroup—a traditional player in that market space—to extend the reach of both players into low-income borrowing markets. This approach is known as: A) Co-opetition B) a blue ocean strategy C) a disruptive strategy D) a red ocean strategy 2. The intensity...
QUESTION 3 These are the six generic competitive strategies: low cost leadership; broad differentiation; target market...
QUESTION 3 These are the six generic competitive strategies: low cost leadership; broad differentiation; target market approach focus/niche based on lower cost; focus/niche based on differentiation; focusiniche based on target marketing. a. TRUE b. FALSE QUESTION 4 Which of the following culture changing strategies is correctly matched with the type of strategy (substantive/ symbolic) a, elimination of executive perks - a substantive culture changing action b. bringing in new blood, replacing old-culture tradionalist managers - a substantive culture-changing action c....
Q1. True or False? A major externality that can affect the life cycle of any service...
Q1. True or False? A major externality that can affect the life cycle of any service in health care is reimbursement changes. True False Q2. True or False? There are two components to risk that affect adoption: financial and organizational. True False Q3. Which of the following is not one of the many advantages that have been cited by having a strong brand? A. It provides for gaining a competitive advantage. B. It allows an organization to establish a successful...
Tell me wether each statement is true or false: 1.Factors that cause the rivalry among competing...
Tell me wether each statement is true or false: 1.Factors that cause the rivalry among competing sellers to be weak include low buyer switching costs and rival sellers that are relatively equal is size and capability. 2.High labor productivity (especially if the production process has high labor content) is a good example of a manufacturing-related key success factor. 3.Whether the company’s sales are growing faster, slower, or about the same pace as the industry as a whole, thus resulting in...
Read the article below and then answer the questions above. Discuss the fit test, competitive advantage...
Read the article below and then answer the questions above. Discuss the fit test, competitive advantage test, and performance test to determine whether this strategy is a “winning strategy.” What are specific examples of the company’s strategy-making hierarchy? Be sure to discuss corporate level, business level, functional area, and operating strategy example Betting Like SoftBank Drives Toyota’s Value Up by $19 Billion Everywhere you turn in the transportation industry these days, Toyota Motor Corp. seems to already be there. From...
QUESTION 11 With regard to business products, which of the following statements is true of major...
QUESTION 11 With regard to business products, which of the following statements is true of major equipment? a. It is generally marketed by local industrial distributors. b. It is sold through a longer distribution channel than accessory equipment. c. It is less expensive and shorter-lived than accessory equipment. d. It is often custom designed for each customer according to requirements. 4 points QUESTION 12 Joshua is a millionaire, and he manages several successful companies. He usually interacts with people...
During the past six months, Mr. Seth Koranteng, Director of Transport for Atiwaa Metals and Electronic...
During the past six months, Mr. Seth Koranteng, Director of Transport for Atiwaa Metals and Electronic Group Limited (AMEG), a company with two groups, Aluminum and Coper mining company and Electronic Manufacturing and Retailing with operations in eight regions, has been soliciting bids for the movement of ‘tool alloy’ used for manufacturing tools and related products. Tony’s goal is to reduce the shipping cost of this high-value alloy as well as reduce issues of pilfering. The supplier is located in...
Barnes Boards produces skateboard parts for six different major US skateboard manufacturers. Barnes specializes in the...
Barnes Boards produces skateboard parts for six different major US skateboard manufacturers. Barnes specializes in the production of trucks, which attach the skateboard wheels to the skateboard deck and allow the rider to turn the skateboard. Barnes Boards' trucks are made primarily of molded aluminum. Currently, Barnes Boards produces two different types of trucks: The 700 and the 775. The 700 has the highest sales and for many years was the only truck produced by Barnes Boards. As a result of the...
________ individuals attempt to control situations, including the thoughts and actions of others. Question 1 options:...
________ individuals attempt to control situations, including
the thoughts and actions of others.
Question 1 options:
A)
Analytical
B)
Responsive
C)
Versatile
D)
Expressive
E)
Assertive
Save
Question 2 (1 point)
Ken likes to see the big picture when salespeople present to
him. He finds it enjoyable to know a little about them and their
families. He takes his work very seriously, and the company's
overall success, as well as his own personal success, are very
important to him. Ken...
According to the article (pictured below), why are people in Shenzhen not worried about Trump's threat...
According to the article (pictured below), why are people in
Shenzhen not worried about Trump's threat of bringing back jobs
from China? Your answer should focus on the culture and
socialization in China.
SHENZHEN, China-U.S. President-elect Donald Trump's threat to compel Apple Inc. and others to manufacture more at home should strike fear into this Chinese megacity where many of the world's high-tech gadgets are made. Once a sleepy village, Shenzhen today is the sprawling epicenter of China's consumer-electronics industry,...
QUESTION 3 These are the six generic competitive strategies: low cost leadership; broad differentiation; target market approach focus/niche based on lower cost; focus/niche based on differentiation; focusiniche based on target marketing. a. TRUE b. FALSE QUESTION 4 Which of the following culture changing strategies is correctly matched with the type of strategy (substantive/ symbolic) a, elimination of executive perks - a substantive culture changing action b. bringing in new blood, replacing old-culture tradionalist managers - a substantive culture-changing action c....
________ individuals attempt to control situations, including
the thoughts and actions of others.
Question 1 options:
A)
Analytical
B)
Responsive
C)
Versatile
D)
Expressive
E)
Assertive
Save
Question 2 (1 point)
Ken likes to see the big picture when salespeople present to
him. He finds it enjoyable to know a little about them and their
families. He takes his work very seriously, and the company's
overall success, as well as his own personal success, are very
important to him. Ken...
According to the article (pictured below), why are people in
Shenzhen not worried about Trump's threat of bringing back jobs
from China? Your answer should focus on the culture and
socialization in China.
SHENZHEN, China-U.S. President-elect Donald Trump's threat to compel Apple Inc. and others to manufacture more at home should strike fear into this Chinese megacity where many of the world's high-tech gadgets are made. Once a sleepy village, Shenzhen today is the sprawling epicenter of China's consumer-electronics industry,...
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