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 specializes in industrial and commercial electrical construction projects.
B Safeskin Corporation, as it's number one in latex exam gloves that were designed to prevent allergic reactions.
C Safeskin Corporation, as it competes on speedspeed in design, production, and delivery
D Johnson Electric, as it competes on speedspeed in design, production, and delivery.
Choose the correct example of cost leadership and its explanation below.
A WalMart, as it provides the fast product delivery to the customers.
B Hard Rock Cafe, as it provides the aroma of fresh coffee or freshly baked bread.
C WalMart, as it has the low overhead and huge buying power to pressure its suppliers into concessions.
D Hard Rock Cafe, as it engages the customer with classic rock music.
hoose the correct example of response and its explanation below.
A Johnson Electric, as it specializes in industrial and commercial electrical construction projects.
B Johnson Electric, as it competes on speedspeed in design, production, and delivery.
C Hard Rock Cafe, as it provides the aroma of fresh coffee or freshly baked bread.
D Hard Rock Cafe, as it engages the customer with classic rock music.
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