BSG 2 MULTIPLE CHOICE QUESTIONS
AND ANSWERS LATEST UPDATE 2025
, 1. According to the lecture, in order for low cost provider strategy to work, firm must achieve
_____ on the bases of differentiation relative to competition.
a. Parity
b. Customers
c. Synthesis
d. Actions
e. None - ANSWERParity
When achieving competitive advantage using low cost strategy there are two major ways of
achieving cost advantage, one is...
a. Focus on less efficiencies
b. Develop a corporate parenting advantage
c. Develop unique strategic plans
d. Eliminating some cost-producing activities - ANSWEREliminating some cost-producing
activities
** the second is perform value chain activities more cost-effectively.
Which of the following is NOT indicative of markets in which broad differentiation strategy works
best?
a. Needs and use of products are diverse
b. Many ways to differentiate the product that customers value
c. Rival firms allow unique differentiation approach
d. Technological changes is fast paced
e. All of the Above - ANSWERRival firms allow unique differentiation approach
When thinking about business strategy, a ____ integrates characteristics of both low-cost and
differentiation strategy?
a. Focused
b. Combination
c. Internal
d. Competitive endeavor
e. External analysis - ANSWERCombination
AND ANSWERS LATEST UPDATE 2025
, 1. According to the lecture, in order for low cost provider strategy to work, firm must achieve
_____ on the bases of differentiation relative to competition.
a. Parity
b. Customers
c. Synthesis
d. Actions
e. None - ANSWERParity
When achieving competitive advantage using low cost strategy there are two major ways of
achieving cost advantage, one is...
a. Focus on less efficiencies
b. Develop a corporate parenting advantage
c. Develop unique strategic plans
d. Eliminating some cost-producing activities - ANSWEREliminating some cost-producing
activities
** the second is perform value chain activities more cost-effectively.
Which of the following is NOT indicative of markets in which broad differentiation strategy works
best?
a. Needs and use of products are diverse
b. Many ways to differentiate the product that customers value
c. Rival firms allow unique differentiation approach
d. Technological changes is fast paced
e. All of the Above - ANSWERRival firms allow unique differentiation approach
When thinking about business strategy, a ____ integrates characteristics of both low-cost and
differentiation strategy?
a. Focused
b. Combination
c. Internal
d. Competitive endeavor
e. External analysis - ANSWERCombination
