Economic and political demands of host government generally

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1. Economic and political demands of a host government generally

a. increases pressures for local responsiveness.

b. discourage foreign companies from operating in the home country.

c. increase pressures for cost reductions.

2. A cost leader chooses a __________ level of product differentiation and __________ amount of market segmentation.

a. low; high

b. high; extensive

c. high; high

d. variable; variable

e. low; low

d. impede a company's ability to minimize its transaction costs.

3. A bakery has a distinctive competency in developing new products (bread & pies) and wants to serve the upscale market. Which of the following is the most appropriate generic strategy for this company?

a. Both cost leadership and differentiation

b. Differentiation

c. Focused differentiation approach

d. Focused low cost approach

e. Cost leadership

Reference no: EM132166262

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