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hram777 [196]
3 years ago
14

Once a company has decided to employ a particular generic competitive strategy, then it must make the following additional strat

egic choices, EXCEPT whether to:A. focus on building competitive advantages.B. employ the element of surprise as opposed to doing what rivals expect and are prepared for.C. display a strong bias for swift, decisive, and overwhelming actions to overpower rivals.D. create and deploy company resources to cause rivals to defend themselves.E. pay special attention to buyer segments that a rival is already serving
Business
1 answer:
JulsSmile [24]3 years ago
4 0

Answer:

E. pay special attention to buyer segments that a rival is already serving.

Explanation:

The generic competitive strategies a company can adopt include;

• Cost leadership: The company lowers its cost as much as possible so it can sell at reduced prices in a broad market.

• Differentiation: The company, operating in a broad market, makes its products and services unique and of high quality and therefore more attractive than competitors' products.

Focus: The company operates within a chosen niche (narrow market) using either differentiation or cost leadership strategies.

Once a company chooses to adopt any of these strategies, it must also build its competitive advantages as well as analyse its competitors to know their strengths and weaknesses.

The company then places itself in a position to take swift decisions to out-maneuver, surprise and overpower its competitors in the market.

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Fenton Manufacturing Company at June 30: Cash in bank account $ 6,455 Inventory of postage stamps $ 74 Money market fund balance
Dmitrij [34]

Answer:

$19,462

Explanation:

The computation of the cash and cash equivalent is shown below:

= Cash in bank account + Money market fund balance + petty cash balance + money orders

= $6,455 + $12,400 + $350 + $257

= $19,462

It includes only cash in bank account, balance in money market, petty cash balance and the money orders

All other information which is given is not relevant. Hence, ignored it

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3 years ago
Guy​ Ferrell, a student who lives in the country​ Paragon, observes that analysts are cutting their growth forecasts for the eco
Rama09 [41]

The correct answer to this open question is the following.

The statement, if​ true, that would explain the​ analysts' predictions would be "the Producer Price Index has been steadily increasing over the past few months."

That is what would have been the factor that supports the forecast. Although inflation has been constant at low levels, what changed was the Producer Price Index that is moving up. This factor could modify the results despite inflation is stable at this moment. When inflation is high, it directly affects the price of goods and the consumer.

5 0
3 years ago
When attracting new clients, which of the following is the most effective way for a trainer to find new prospects? Post on socia
erik [133]

Option 4. When attracting new clients the most effective way would be to Get referrals from clients.

<h3>How does referrals help to get client?</h3>

The people that have been able to get an efficient service from you would have to put in word to others.

This would help to convince these people to make use of the service of the trainer.

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8 0
2 years ago
Effective team functioning is critical in ensuring the best performance. Which of these characteristics is critical in team lead
sladkih [1.3K]
<h2>Maintain Situational awareness (Option A)</h2>

Explanation:

Option A:

A good leader should have good presence of mind, should be good at acting wisely during critical situation and show is smartness based on the situation. Smart work best works in most of the critical situation.

Option B: No organization makes anyone sole responsible because both victory and defeat needs to be shared by team since everything is team work.

Option C: Discussion is always desired among team member because it is team work and a leader will lead a team.

Option D: Taking multiple job is not so fair unless and until it is measurable and achievable.

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An employee receives a phone call from someone saying they are from the bank. The person claims the purpose of the call is to ve
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If a person receives any call, messages or emails and verify online security information, including passwords and account numbers, it is known as phishing.

<h3>What does phishing mean?</h3>

Phishing refers to the social engineering attack that is often used to steal and get the user data which may includes login credentials, credit card numbers, OTP etc.

It is an online attacking activity when criminals use scam and fake emails, text messages or phone calls to steal the information about the people in order to hack their accounts.

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8 0
2 years ago
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