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Strategic Management | MGTN12B - AY2425 2nd Semester (Besana, Teodora )

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Which of the following statement is/are True?

I. Focus strategy is that firms often develop tremendous expertise about the goods and services that they offer.

II. In the case of focus differentiation, one advantage is that very low prices can be charged.

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Due to unfamiliarity with the new product's characteristics and performance, customer demand is limited during this stage.  

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The majority of the industry's businesses are well-established at this point, and the market has reached saturation.

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The intensity of competition at this stage is determined by a number of factors, including the rate of decrease, the height of exit barriers, and the degree of fixed costs?

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At this point, the industry has progressed to the point where profitability begins to rise as the product gradually attracts the attention of a larger market segment.

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Low market share units in slow-growing industries are referred to as ____ in the BGC Matrix.

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These are high market share units in slow-growing industries in the BGC Matrix.

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Which of the following options is not a cost driver?

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Under cost leadership, one of the following is not a relentless attempt to minimize costs?

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Which of the following is not a primary cost leadership criterion? 

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