2/20/2026 2/20/2026, 7:28:19 AM
*)#u)()@$+((+_@$_@+_)$$+_)+_$@)$@+_)@++)$+_$@)+_$)+_$$+_+_@$+_)
MAN Test 2 with this comprehensive
study resource. Includes fully
verified questions and answers
covering all key topics from the
course.
Guidehttps://www.stuvia.com/dashboard!@_)#*)(@$)($@*($@)($@*_
,2/20/2026 2/20/2026, 7:28:19 AM
If primary value-chain activities involve effective management of inbound logistics and support
activities include increased efforts in technology development, this is representative of which type
of competitive advantage?
differentiation
overall cost leadership
stuck-in-the-middle
differentiation focus
overall cost leadership
If a firm achieves above-average returns despite intense rivalry, it is likely to be using __________
strategy.
differentiation
cost leadership focus
differentiation focus
overall cost leadership
overall cost leadership
, 2/20/2026 2/20/2026, 7:28:19 AM
If a company is using a cost leadership strategy, which of the following potential pitfalls is not a
characteristic of that strategy?
Too much focus on one value-chain activity can lead to greater loss.
Cost advantages erode when pricing information is readily available.
A lack of parity on differentiation is evident.
The strategy is not easily imitated.
The strategy is not easily imitated.
A profit pool can be defined as the total profits in an industry at all points along the industry ________
chain.
supply
market
seller
value
value
*)#u)()@$+((+_@$_@+_)$$+_)+_$@)$@+_)@++)$+_$@)+_$)+_$$+_+_@$+_)
MAN Test 2 with this comprehensive
study resource. Includes fully
verified questions and answers
covering all key topics from the
course.
Guidehttps://www.stuvia.com/dashboard!@_)#*)(@$)($@*($@)($@*_
,2/20/2026 2/20/2026, 7:28:19 AM
If primary value-chain activities involve effective management of inbound logistics and support
activities include increased efforts in technology development, this is representative of which type
of competitive advantage?
differentiation
overall cost leadership
stuck-in-the-middle
differentiation focus
overall cost leadership
If a firm achieves above-average returns despite intense rivalry, it is likely to be using __________
strategy.
differentiation
cost leadership focus
differentiation focus
overall cost leadership
overall cost leadership
, 2/20/2026 2/20/2026, 7:28:19 AM
If a company is using a cost leadership strategy, which of the following potential pitfalls is not a
characteristic of that strategy?
Too much focus on one value-chain activity can lead to greater loss.
Cost advantages erode when pricing information is readily available.
A lack of parity on differentiation is evident.
The strategy is not easily imitated.
The strategy is not easily imitated.
A profit pool can be defined as the total profits in an industry at all points along the industry ________
chain.
supply
market
seller
value
value
