Which of the following is included under the product functional strategies?
Online Exam 7_06
Part 1 of 2 – 50.0/ 50.0 Points
Question 1 of 40
Which of the following is included under the product functional strategies?
A. Supervision
B. Management
C. Marketing
D. Leadership
Question 2 of 40
One of the two strategic decisions most associated with the organization’s information system is:
A. optimum equity mix.
B. creating an approved vendor list.
C. selecting the correct marketing mix.
D. the choice of system technology.
Question 3 of 40
When an organization competes by providing unique products with features that customers value, perceive as different, and are willing to pay a premium price for, it is using a strategy of:
A. cost leadership.
B. focus.
C. differentiation.
D. niche.
Question 4 of 40
Designing which of the following systems involves making sure we have the information we need, when the information is needed, and in the form needed?
A. Marketing
B. Human resources
C. Information
D. Financial-accounting
Question 5 of 40
When an organization hasn’t developed a low cost or a differentiation competitive advantage, it is said to be
A. stuck-in-the-middle.
B. using an integrated strategy.
C. using a strategy of best cost.
D. pursuing a niche-based competitive advantage.
Question 6 of 40
Which are the two biggest factors in marketing?
A. Competitors and pricing
B. Product and competitors
C. Customers and competitors
D. Pricing and customers
Question 7 of 40
The ________ point(s) to the strategic issues organizational decision makers need to address in their pursuit of sustainable competitive advantage and high levels of performance.
A. portfolio analysis
B. distinctive capabilities
C. strengths
D. SWOT analysis