Choose ALL of the following that are possible causes of corporate decline: Slow or no response to
Question:
Choose ALL of the following that are possible causes of corporate decline:
Slow or no response to significant external or internal changes
Inadequate financial controls
New competitors
Unpredicted shifts in consumer demand
Though not easy, it is possible for an organization to successfully pursue an integrated low cost-differentiation strategy
True
False
Offensive moves are when an organization attempts to exploit and strengthen its competitive position through attacks on a competitor's position.
True
False
The reactor strategy is characterized by continually innovating and exploiting new products and market opportunities.
True
False
Companies that use an Analyzer strategy are usually pioneers in their industry, putting lots of money into developing new products that no one else has.
True
False
A long-term contract is a type of strategic partnership.
True
False
Choose ALL of the following that are requirements for a company to successfully pursue a cost leadership strategy:
Keep costs as low as possible.
Emphasize efficiency in all areas.
Spend a lot of money on product differentiation and establishing brand loyalty.
Have deep and wide product lines.
Toyota regularly uses the scientific process to experiment and innovate.
True
False
Harley-Davidson is an example of a Defender organization.
True
False
PepsiCo is an example of a single-business organization.
True
False