Question

Local Broad Cost Leader - Low priced products for the local region: our brands offer solid value. Our primary stakeholders are bondholders, customers, stockholders, and management.

Global Broad Differentiator - Premium products for the industry across the globe: our brands withstand the test of time. Our primary stakeholders are customers, stockholders, management, and employees.

Global Niche Cost Leader - Reliable products for low technology customers across the globe: our brands offer value. Our primary stakeholders are bondholders, stockholders, customers, and management.

Global Niche Differentiator - Premium, tailored products for technology-oriented customers across the globe: our brands define the cutting edge. Our primary stakeholders are customers, stockholders, management, and employees.


Which mission statement best represents the Baldwin Company?

Providing value to our customers is why we get up in the morning. We accomplish this by offering products at a low price our domestic customers can afford across a wide variety of market segments.

Innovation meets revolution. We create value of our customers around the world through breakthrough designs that lead to unique high-performance products.

Lasting innovation is our motivation. We build premium products that are elegantly designed to meet the needs of a variety of market segments around the world.

Consistency and affordability are our goals. Our central mission is to offer dependable, low-price products that our customers around the world can count on.

Answer 1

Providing value to our customers is why we get up in the morning. We accomplish this by offering products at a low price our domestic customers can afford across a wide variety of market segments.
Incorrect: Because they provide premium, tailored products as well
Refer: Global Niche Differentiator - Premium, tailored products for technology-oriented customers across the globe: our brands define the cutting edge. Our primary stakeholders are customers, stockholders, management, and employees.

Innovation meets revolution. We create value of our customers around the world through breakthrough designs that lead to unique high-performance products.
Correct: Because they innovate products as per the technological need and cost demands of the customer. They try to provide unique goods at relevant prices to different consumer segments.

Lasting innovation is our motivation. We build premium products that are elegantly designed to meet the needs of a variety of market segments around the world.
Incorrect: Because they develop low technology products as well
Refer: Global Niche Cost Leader - Reliable products for low technology customers across the globe: our brands offer value. Our primary stakeholders are bondholders, stockholders, customers, and management.

Consistency and affordability are our goals. Our central mission is to offer dependable, low-price products that our customers around the world can count on.
Incorrect: Because they produce premium products as well
Refer: Global Broad Differentiator - Premium products for the industry across the globe: our brands withstand the test of time. Our primary stakeholders are customers, stockholders, management, and employees.