1. A strategic use of the value chain model is:
a. To develop a strategic plan
b. Provide structure within which to look for and categorize information.
c. To determine unique competencies
d .To identify what your suppliers and customers are doing
e. To analyze the relative power of customers and suppliers in bargaining relationships
2. A "Best-Cost" strategy is most like which other generic business strategies?
a. Differentiation
b. Differentiation with focus
c. Cost leadership
d. Focused cost leadership
e. Differentiation combined with cost leadership