Question

1. A Broad Cost Leader:

a.Group of answer choices

b. Invests in leading edge technology

c. Must follow the Life Cycle in Performance

d. None of these answers is correct

e. Maintains a presence in 4 or 5 segments

f. Relies on product differentiation

2.

In CapSim, the segment price ranges fall each year by

Group of answer choices

Fifty cents

75 cents

$1

Varying amounts depending on relative market demand

This is a trick question. Ranges are fixed.

3.

A good way to understand the macro environment surrounding a business situation is:

None of these answers is correct

Conduct an FFA analysis

Conduct a Porter's analysis

Read about the economy via Google Search

Conduct a PEST analysis

Answer 1

Question 1: A Broad Cost Leader:

Answer: None of these answers is correct

Snippets: A Broad Cost Leader sustain in all segments of the market. It maintains a low-cost strategy when it comes to R & D and raw material procurement. These types of organizations produce standardized products or goods.

Question 2: In CapSim, the segment price ranges fall each year by

Answer: Fifty cents

Snippets: Price ranges in all segments of the market drop by $0.50 per year.

Question 3: A good way to understand the macro-environment surrounding a business situation is:

Answer: Conduct a PEST analysis

Snippets: Political, Economic, Social, and Technological (PEST) Analysis, is a macro-environmental factor where it helps businesses to analyze and monitor external factors.