BACHELOR OF BUSINESS ADMINISTRATION

BUSINESS ADMINISTRATION

STRATEGIC MANAGEMENT

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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.
A
communicating
B
selecting target markets with
C
composing
D
developing
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.

There is 1 question to complete.