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  • INTERVIEW QUESTIONS BUSINESS INTELLIGENCE SUPERVISORY DETAILS
    Question :
    The fundamental requirement for a successful price led strategy is:
    ► A) Reducing the cost base of the organization
    ► B) The lowest cost base of competing organizations
    ► C) Prices lower than competition.
    ► D) Lower quality products or services than competition.



    Category Supervisory Interview Questions
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    Answers:

    B) The lowest cost base of competing organizations



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    Related Questions
    View Answer
    A successful hybrid strategy is:
    ► A) Impossible to achieve in practice
    ► B) A strategy, which seeks to provide high-perceived value justifying a substantial price premium usually to a selected market segment
    ► C) The period of time when an organization is changing its strategy
    ► D) A strategy, which seeks simultaneously to achieve differentiation and a price lower than that of competitors


    View Answer
    A differentiation strategy is defined as?
    ► A) Higher quality products or services than competitors
    ► B) Innovation of products or services greater than competition
    ► C) Providing different products or services, which draw upon competences or resources, which competitors do not have.
    ► D) The provision of products or services that offer benefits different from those of competitors and that are widely valued by buyers.


    View Answer
    Sustainable differentiation is most likely in the following circumstances?
    ► A) Where the bases of differentiation are valuable to the buyer
    ► B) Where the bases of the differentiation strategy are difficult for competitors to imitate
    ► C) Where it is difficult for buyers to shift their buying allegiances
    ► D) All of the above

    View Answer
    Three ways of sustaining competitive advantage are?
    ► A) Price-based strategies, differentiation, and diversification
    ► B) Price-based strategies, differentiation, and lock-in
    ► C) Change, adaptation and efficiency.
    ► D) Monopoly, cartel and market sharing


    View Answer
    The equivalent to competitive advantage in public services is?
    ► A) Outsourcing
    ► B) Best value
    ► C) Superior services
    ► D) Best practice.

    View Answer
    Competitive advantage based on differentiation derives from?
    ► A) Being the lowest cost producer in the industry and offering the lowest prices
    ► B) Having the broadest range of different goods and services in the industry
    ► C) Having processes and systems, which are different from competitors
    ► D) Offering products or services, which offer different benefits from competitors' and which are valued by buyers.

    View Answer
    You don't have any experience, Why I would appoint you for this post?
    View Answer


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