BSG Exam 2 2026/2027 Updated
Verified Multiple Choices
Questions and Solutions A+ Pass
Guaranteed
1. According to the lecture, in order for a low-cost provider strategy
to work, a firm must achieve ________on the basis of differentiation
relative to the competitors.
a. Parity
b. Customers
c. Synthesis
d. Actions
e. None of the above
- ANS - A. Parity
2. When achieving a competitive advantage using low cost strategy,
there are 2 major ways to achieving a cost advantage, one of which
is:
a. Focus less on efficiency
b. Develop a corporate parenting advantage
c. Develop unique strategic plans
d. Eliminate some cost-producing activities
e. All of the above
- ANS - d. Eliminate some cost-producing activities
3. Which of the following is NOT indicative of a market in which a
broad differentiation strategy works best?
, a. Needs and use of products are diverse
b. Many ways to differentiate the products customers value
c. Rival firms follow a unique differentiation approach
d. Technological change is fast paced
e. All of the above are indicative of markets in which broad
differentiation works
- ANS - c. Rival firms follow a unique differentiation approach
4. When thinking about business strategy, an _________integrates
characteristics of both the low-cost and differentiation strategy.
a. Focused strategy
b. Combination strategy
c. Internal
d. Competitive endeavor
e. External analysis
- ANS - b. Combination strategy
5. According to Ghemawat, ________is a blueprint for delivering a
valuable product or service to customers in a way that increases a
company's competitive advantage.
a. Internal positioning
b. A business model
c. External positions
d. Architectural drawing
e. None of the above
- ANS - b. A business mode
6. According to Ghemawat, _____is/not, the ability of the firm to
increases willingness to pay without increasing costs and achieve
price premium.
Verified Multiple Choices
Questions and Solutions A+ Pass
Guaranteed
1. According to the lecture, in order for a low-cost provider strategy
to work, a firm must achieve ________on the basis of differentiation
relative to the competitors.
a. Parity
b. Customers
c. Synthesis
d. Actions
e. None of the above
- ANS - A. Parity
2. When achieving a competitive advantage using low cost strategy,
there are 2 major ways to achieving a cost advantage, one of which
is:
a. Focus less on efficiency
b. Develop a corporate parenting advantage
c. Develop unique strategic plans
d. Eliminate some cost-producing activities
e. All of the above
- ANS - d. Eliminate some cost-producing activities
3. Which of the following is NOT indicative of a market in which a
broad differentiation strategy works best?
, a. Needs and use of products are diverse
b. Many ways to differentiate the products customers value
c. Rival firms follow a unique differentiation approach
d. Technological change is fast paced
e. All of the above are indicative of markets in which broad
differentiation works
- ANS - c. Rival firms follow a unique differentiation approach
4. When thinking about business strategy, an _________integrates
characteristics of both the low-cost and differentiation strategy.
a. Focused strategy
b. Combination strategy
c. Internal
d. Competitive endeavor
e. External analysis
- ANS - b. Combination strategy
5. According to Ghemawat, ________is a blueprint for delivering a
valuable product or service to customers in a way that increases a
company's competitive advantage.
a. Internal positioning
b. A business model
c. External positions
d. Architectural drawing
e. None of the above
- ANS - b. A business mode
6. According to Ghemawat, _____is/not, the ability of the firm to
increases willingness to pay without increasing costs and achieve
price premium.
