Low-cost and differentiation strategies are designed to target industry wide markets

25. The differentiation strategy is based on locating and taking advantage of opportunities for an organization to seek cost-based advantages in all of its activities (e.g., purchasing, manufacturing, distribution).

ANS: F

The low-cost strategy is based on locating and taking advantage of opportunities for an organization to seek cost-based advantages in all of its activities (e.g., purchasing, manufacturing, distribution).

 Strategy
26. The low-cost strategy is based on locating and taking advantage of opportunities for an organization to seek cost-based advantages in all of its activities.

ANS: T  Strategy

27. The functional design tends to be chosen by organizations using the low-cost strategy.

ANS: T Strategy

28. The two basic fundamentals of organizing are differentiation and integration.

ANS: T  Strategy

29. Differentiation means that the organization is composed of units that work on specialized tasks requiring employees with unique competencies.

ANS: T  Strategy
30. Both the low-cost and differentiation strategies are designed to target industry wide markets.

ANS: T  Strategy