Although firm infrastructure is quite frequently viewed only as overhead expense, it can become a source of competitive advantage. Examples include all of the following except:
A. negotiating and maintaining ongoing relations with regulatory bodies
B. marketing expertise increasing a firm's revenues and enabling it to enter new markets
C. effective information systems contributing significantly to a firm's overall cost leadership strategy
D. top management providing a key role in collaborating with important customers
Answer: Option B
Solution(By Examveda Team)
Although firm infrastructure is quite frequently viewed only as overhead expense, it can become a source of competitive advantage. Examples include all of the following except marketing expertise increasing a firm's revenues and enabling it to enter new markets. Firm infrastructure refers to an organization's structure and its management, planning, accounting, finance and quality-control mechanisms.Strategy is developed by the visionary chief executive in ___________ mode of strategic management
A. planning mode
B. adaptive mode
C. strategic mode
D. entrepreneurial mode
Stability strategy is a ____________ strategy
A. corporate level
B. business level
C. functional level
D. strategic level
What are the means by which long term objectives will be achieved?
A. Strategies
B. Policies
C. Strength
D. Opportunities
Marketing strategy is a ___________ type of strategy
A. business level
B. Growth strategy
C. corporate strategy
D. functional strategy
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