Question: 6. involves withdrawing from certain value chain activities and relying on outsiders to supply needed products, support services, or functional activities. a. vertical integration b.

6. involves withdrawing from certain value chain activities and relying on outsiders to supply needed products, support services, or functional activities. a. vertical integration b. diversification c. first mover d. outsourcing 7. The most difficult generic strategy to implement is a: a. Retrenchment Strategy b. Envelopment Strategy c. Acquisition Strategy .. Best Cost Strategy 8. The following are all examples of differentiation themes except: a. Prestige - Rolex b. Engineering design - Mercedes C. Unique taste - Dr. Pepper d. Cheap food - Food Lion 9. Examples of core competencies include all of the following except: a. Better after sales service capability b. Skills in manufacturing a high quality product c. Offensive and defensive strategies d. Systems to fill customer orders quickly and accurately 10. Walmart's generic business strategy is

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