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NEW QUESTION: 1
Which of the following is NOT typically true for a firm which has adopted the low-cost competitive strategy?
A. The firm will enjoy above-average rates of return only if its price premium based on its differentiation exceeds the extra cost of being unique.
B. The firm seeks to identify itself as unique in its industry in an area that is important to buyers.
C. None of these answers.
D. All of these answers.
E. The firm seeks to differentiate itself based on its distribution system, through some unique marketing approach, or by providing an important service to its customers.
Answer: D
Explanation:
Explanation/Reference:
Explanation:
The above are all true for a company that has adopted the differentiation strategy. With the low-cost strategy, the firm is determined to become the low-cost producer and, hence, the cost leader in the industry. Cost advantage might include economies of scale, proprietary technology, or preferential access to raw materials. The objective is to charge less for the product or service but still enjoy higher profit margins and returns on capital.
NEW QUESTION: 2
The highest incident of child abuse occurs in children in which age group?
A. 6-10 years old
B. birth-3 years old
C. 4-6 years old
D. more than 10 years old
Answer: B
Explanation:
Children between birth and 3 years of age have the highest rates of victimization (at 16 per 1,000 children).
Girls are slightly more likely to be victims than boys.
Psychosocial Integrity
NEW QUESTION: 3
HOTSPOT
Choose the Virtual Connect management application that supports each function listed.
Answer:
Explanation:
Explanation:
Can administer a total of 256000 network Virtual Connect Enterprise Manager Is built into the firmware of Virtual Connect Virtual Connect Mananger Is an extension of the HP stsyems Insight Virtual Connect Manager