Question: The text provides three primary strategic approaches ( differentiation , cost , and response ) for achieving competitive advantage. Provide an example of each. Support
The text provides three primary strategic approaches differentiation cost and response for achieving competitive advantage. Provide an example of each. Support your choices.
Choose the correct example of differentiation and its explanation below.
A Johnson Electric, as it competes on speedspeed in design, production, and delivery.
B Safeskin Corporation, as it competes on speedspeed in design, production, and delivery.
C Johnson Electric, as it specializes in industrial and commercial electrical construction projects.
D Safeskin Corporation, as it's number one in latex exam gloves that were designed to prevent allergic reactions.
Choose the correct example of cost leadership and its explanation below.
A Southwest Airlines, as it specializes in providing private jets including luxury jetliners.
B Disney Magic Kingdom, as here people are surrounded by a dynamic visual and sound experience.
C Disney Magic Kingdom, as it provides the best free and lowcost attractions and places to visit.
D Southwest Airlines, as it fulfills a need for lowcost and shorthop flights.
Choose the correct example of response and its explanation below.
A Disney Magic Kingdom, as here people are surrounded by a dynamic visual and sound experience.
B Johnson Electric, as it competes on speedspeed in design, production, and delivery.
C Disney Magic Kingdom, as it provides the best free and lowcost attractions and places to visit.
D Johnson Electric, as it specializes in industrial and commercial electrical construction projects.
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