Analyzing best industrial practices can be done through Select one: a. Cooperative strategy O b. Joint venture O c. Benchmarking O d. Alliance O e. All the mentioned options are correct One of the main reasons for failure of many companies is Select one: O a. Competing face to face with competitors in the same industry O b. Competing with global companies O c. The leadership style O d. All the mentioned options are wrong Oe. The way in which company can allocate its resources Mobile has become one of the essential products that every individual wants to possess. This has led to rising demand of mobiles all across the world. Several companies like Apple, Samsung, Huawei, Sony, Xiaomi Redmi, Nokia etc. have entered into the business. It can be concluded that there is in the mobile industry. Select one: O a. High exit barriers O b. Low intensity of rivalry among existing companies c. High intensity of rivalry among existing companies O d. Low exit barriers A company that offers products to a narrow market segments and positions itself as a low-cost provider is using strategy Select one: O a. Differentiation b. Differentiation focus O c. Cost leadership O d. Low-cost focus When a company uses related diversification as a growth strategy, it gets an advantage of common pool of resources and capabilities such as research & development, marketing & selling etc. Select one: O a. True b. False .............. of The turbulence in computer industry environment is due to Apple computers, IBM, and DELL. Select one: O a. Aggressive strategy O b. High rate of innovation O c. All the mentioned options are correct O d. Utilization of resources Ferrari is an Italian luxury sports car manufacturer. As of the end of 2019, the total of Ferrari cars built and sold cars in the whole company history is 219,062. Despite having limited production and low sales volume, the brand is an icon and has generated considerable social media buzz. Ferrari offers customized cars. Its owners proudly flaunt this priced position of premium quality. It can be concluded that Ferrari follows differentiation strategy. Select one: O a. True O b. False Values are enduring beliefs about Select one: O a. What is desirable? O b. What is Bad? O c. What is good? O d. What is undesirable? e. All the mentioned options are correct When "NOKIA" did not pay attention to new product development, it ended up in inferior products. Select one: O a. False b. True Mission statement should contain tacit descriptions of their competitive advantage. Select one: O a. TRUE O b. FALSE "Growth" can be supported by short-term objectives on annual basis, such as Select one: O a. Profit margin O b. All the mentioned options are correct O c. Return On Investment O d. Return on Asset Traditional industries are characterized by high rate of innovation and fast changes Select one: O a. True O b. False Sometime companies resort to by reducing their investment to project a positive picture of the organization. However, this strategy cannot be used for long-term. Select one: O a. Profit strategy O b. Pause and proceed with caution strategy O c. Backward integration Strategy O d. No change strategy Insiders and outsiders are Select one: O a. Management team and competitors O b. All the internal and external stakeholders O c. Employees and Customers O d. All the mentioned options are wrong Apple Inc. is an American multinational technology company headquartered in Cupertino, California. It designs, develops, and sells consumer electronics, computer software, and online services. It is well known and reputed brand and offers popular products like iPhone, iPad, iPod, Apple Watch. Its innovative technology has built customer loyalty and brand image. It can be concluded that Apple Inc. follows strategy. Select one: a. Differentiation focus O b. Cost leadership O c. Differentiation d. Low-cost focus