Achieving a sure cost advantage over rivals entails Multiple Choice concentratin

Question

Achieving a sure cost advantage over rivals entails Multiple Choice concentrating on the primary activities portion of the value chain and outsourcing all support activities. being a first-mover in pursuing backward and forward integration and controlling as much of the industry value chain as possible. selling a mostly standard product and increasing the scale of operation. minimizing R&D expenses and paying below-average wages and salaries to conserve on labor Prev 260, 30::: Next > 3 5 6 9

Explanation / Answer

a. Option 1 is suitable as, value chain analysis focuses on removing all the activities, that does not provide firm with competitive advantage.

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