A ___________________ strategy seeks to achieve competitive advantages by allowing the business unit to make more profit than its competitors?
Correct answer: B. Cost leadership
- A. Focus
- B. Cost leadership
- C. Linkage
- D. Information leadership
Explanation
Cost leadership aims to operate at a lower cost than competitors, allowing the business to charge competitively while earning a higher margin. Focus targets a particular market segment rather than necessarily achieving the lowest overall cost.
Last updated
Practise Software Project Management
171 free Software Project Management MCQs from Software Engineering, each with the correct answer and an explanation. Unlimited attempts, no account needed.
Exams that ask Software Engineering questions like this
Software Engineering is on this paper prepared for on TestUstad, and all of them draw the same bank, so this question is worth knowing for it.
Related questions
A graphical technique for finding if changes and variation in metrics data are meaningful is known as_________________?
A __________ is a measure, an intangible measure, which is difficult to count in clear terms?
A _______________ is developed using historical cost information that relates some software metric to the project cost ?
A listing of the names and addresses of all the employees for an organization would be an example of a(n)_________________________?
A make-buy decision is based on whether________________?