Question

79 Which strategy is most vulnerable to technological obsolescence?

Select one: 1. Focus-differentiation 2. Differentiation 3. Focus-low-cost 4. Multiple strategies

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80 Improvements aimed at lowering costs are called

Select one: 1. process innovations. 2. product innovations. 3. structural innovations. 4. None of the above.

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85 Low cost leaders depend on capabilities readily available to others in the industry such as access to scarce raw materials, large market share, or a high degree of capitalization.

Select one: True False

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86 Imitation by competitors is generally not a concern for businesses employing the low-cost strategy.

True False

Answer 1

79. option D is correct. there are different strategies helpful to technological obsolescence. in general when a new product is produced, the old versions will be removed. for this, it is better to follow various strategies but not a single factor or strategy.

80. option D is the correct answer.

Process innovation focus on the developing of an existed process, minimizing the limitations in it and introduce much better process than existing one.

product innovation focus on introducing new product in the place of old, by covering the limitations and adding more additional features in it.

85. true- low cost leaders may have thier own strategies to sustain in the market. they may have some innovative practices, new process or any other differentiated characteristics than competitors etc along with above said strategies.

86. false-