BUSINESS ADMINISTRATION
STRATEGIC MANAGEMENT
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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In a hyper competitive economy such as ours, a company can win only by fine-tuning the value delivery process and choosing, providing and ____ superior value.
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communicating
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selecting target markets with
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composing
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developing
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Explanation:
Detailed explanation-1: -Value-Delivery involves everything necessary to ensure every paying customer is a happy customer: order processing, inventory management, delivery/fulfillment, troubleshooting, customer support, etc. Without Value-Delivery, you don’t have a business.
Detailed explanation-2: -Market leaders’ three competitive strategies are market size expansion, market share protection, and market share expansion.
Detailed explanation-3: -Market-driven organizations have superior market sensing, customer linking, and channel bonding capabilities.
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