Question: Vanguard's strategy is: a . product driven. b . cost leadership. c . inconsistent. d . easy to duplicate effectively. Labeling If Vanguard were to

Vanguard's strategy is:
a. product driven.
b. cost leadership.
c. inconsistent.
d. easy to duplicate effectively.
Labeling
If Vanguard were to conduct a SWOT analysis, which of the following would be considered a strength?
a. Competitors offer nonindexed funds.
b. The mutual fund market is reaching the maturity stage.
c. Vanguard's competitors distribute funds through outside brokerage houses.
d. Vanguard conducts transactions through the Web.
Summarizing
By shunning advertising on traditional media and conducting transactions through its website, Vanguard:
a. can introduce commission-based incentives for its employees.
b. offers loaded and non-loaded funds.
c. is able to employ a business level strategy of cost containment.
d. distributes funds through outside brokerage houses.
Vanguard's strategy is: a. product driven. b. cost leadership. c. inconsistent.

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