A production-based emphasis toward a low-cost provider strategy usually requires a company to strive for○ appealing features and better quality at lower costs than rivals.continuous cost reductions without sacrificing acceptable quality and essential features.whatever differentiating features buyers are willing to pay for.○ small-scale production or custom-made products that match the tastes and requirements of niche members.O product superiority. Imagine you are advising a local low-cost commercial construction business that is considering diversifyingvia acquisition into affordable residential construction. What would you not say is a typical strategicobjective or benefit that could be derived from a merger or an acquisition with an existing residentialconstruction company?O to gain quick access to new technologies or other resources and capabilities○ to create a more cost-efficient operation out of the combined companies○ to extend a company's business into new product or service categories and/or expand a company's geographiccoverage○ to fundamentally alter a company's trajectory and improve its business outlook○ to expedite shifting from one strategy to another and gain better access to additional financial capital

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Answered: A production-based emphasis toward a…

Understanding Business

12th Edition

ISBN:9781259929434

Author:William Nickels

Publisher:William Nickels

Chapter1: Taking Risks And Making Profits Within The Dynamic Business Environment

Section: Chapter Questions

Problem 1CE

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