79. A_____strategy is based on an
organizations ability to provide a product or service at a lower cost than its
rivals.
a.
|
cost leadership
|
b.
|
focused
|
c.
|
cost control
|
d.
|
functional
|
ANS: A
80. A_____strategy
is based on providing customers with something unique that makes the organization’s
product of service distinctive from its competititors
a.
|
differentiation
|
b.
|
cost control
|
c.
|
focused
|
d.
|
integration
|
ANS: A
81. The
biggest advantage of the product design is:
a.
|
low overhead costs
|
b.
|
efficient use of functional resources
|
c.
|
it allows managers to concentrate their
expertise of their unique product lines
|
d.
|
encouragement of internal competition
|
ANS: C
82. The
possible disadvantages of the product design include all of the following except:
a.
|
high overhead costs
|
b.
|
inefficient use of functional resources
|
c.
|
specialization of managers’ expertise
|
d.
|
encouragement of internal competition
|
ANS: C
83. _____design
represents the outcomes of a decision-making process that includes
environmental factors, strategic choices ad technological factors.
a.
|
Organization
|
b.
|
place
|
c.
|
multinational
|
d.
|
virtual
|
ANS: A