Exam 2026-2027 Actual Complete Real Exam Questions And
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C
All of the following are disadvantages of cost leadership EXCEPT:
A. perceptions of quality
B. relies on volume
C. harder to survive price wars
D. can be too focused on cost
B
Which of the following is a disadvantage of cost leadership:
A. perceptions of service
B. can be focused too much on cost
C. relies on demand
D. none of the above
,B
All of the following are advantages of cost leadership EXCEPT:
A. high profits through volume
B. perceptions of quality
C. easier to survive price wars
D. all of the above
F
Which of the following is an advantage of cost leadership?
A. perceptions of cost
B. easier to survive price wars
C. low profits through volume
D. high profits through volume
E. A & C
F. B & D
,B
Which generic business strategy is on the intersection of competing on
uniqueness and targeting a broad market?
A. cost leadership
B. differentiation
C. focused low cost
D. focused differentiation
T
T/F: Innovation becomes really important with a differentiation business strategy.
F
T/F: Differentiation strategies face threats from knock offs but are not sensitive to
price wars.
F
T/F: Differentiation prevents a firm from creating brand loyalty and increasing
profit margins.
, C
Which generic business strategy is on the intersection of competing on cost
and targeting a narrow market?
A. cost leadership
B. differentiation
C. focused low cost
D. focused differentiation
A
Which of the following IS NOT a disadvantage of focused generic business
strategies?
A. lower profit margins
B. limited demand
C. niche may change or disappear
D. all of the above
B
Which of the following is a disadvantage of focused generic business strategies?
A. lower profit margins
B. limited demand
C. decreased uniqueness of products
D. hardest strategy to implement