Question: We learned about three primary strategic approaches for achieving competitive advantage; differentiation, cost, and response. Provide an example for firms within the food service industry

We learned about three primary strategic approaches for achieving competitive advantage; differentiation, cost, and response. Provide an example for firms within the food service industry (restaurants but not just fast foods) that competes on the basis of each approach and support your choice with a brief explanation. There are two companies in LA that produce lite-calorie orange juice. Based on the industry standard, lite-calorie orange juice should contain between 200 and 250 calorles per gallon. The per gallon calorie testing results for the two companies' orange juice are as follows. The calories in orange juice follow a normal distribution. Which one of the following statements is true? A. Company 1's Cpk is smaller than that of company 2, and both companies' orange juice calories meet the industry standard. B. Company 1's Cpk is larger than that of company 2, and both companies' orange juice calories meet the industry standard. C. Company 1's Cpk is smaller than that of company 2, and only company 2's orange juice calories meet the industry standard. D. Company 1 's Cpk is larger than that of company 2 , and only company 1 's orange juice calories meet the industry standard. E. Company 1 's Cpk is smaller than that of company 2, and neither company's orange juice calories meet the industry standard. F. Company 1 's Cpk is larger than that of company 2, and neither company's orange juice calories meet the industry standard. A B c D E F
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