Question: **PLEASE ANSWER ALL QUESTIONS** Question 26 (3 points) Which one of the following will best describe focused strategy? Question 26 options: A) Company A that

**PLEASE ANSWER ALL QUESTIONS**

Question 26 (3 points)

Which one of the following will best describe focused strategy?

Question 26 options:

A)

Company A that sells product for a broad market

B)

Company B that has a unique/niche market

C)

Company C that offers broad range of products at low prices

D)

All of the above

Question 27 (3 points)

Which one of the following strategies does Walmart use?

Question 27 options:

A)

Broad differentiation strategy

B)

Broad cost leadership strategy

C)

Focused strategy with cost leadership

D)

Focused strategy with differentiation

Question 28 (3 points)

_________________ measure the performance of the IT system.

Question 28 options:

A)

Efficiency IT metrics

B)

Effectiveness IT metrics

C)

Benchmarking

D)

Website metrics

Question 29 (3 points)

Production, inventory, and distribution metrics are all examples of:

Question 29 options:

A)

Customer relationship metrics

B)

Business process redesign metrics

C)

Supply chain management metrics

D)

Website metrics

Question 30 (3 points)

Progressive Insurance reduced claims resolution process time from 3-8 weeks to 30 minutes - 3 hours through its mobile claims process. This is an example of _____________ that Progressive Insurance used to gain competitive advantage.

Question 30 options:

A)

Customer Relationship Management (CRM)

B)

Supply Chain Management (SCM)

C)

Enterprise Resource Planning (ERP)

D)

Business Processing Reengineering (BPR)

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