Which of the following illustrates a low-cost leadership strategy?
A) CGlass sells inexpensive, fashionable eyewear in comparison with its competitors.
B) Brown Valley offers huge discounts on bulk purchases from its retail outlets.
C) Clay Mansion imports ceramic vases from Europe and Asia.
D) Felt sells consumer durables through franchise outlets.
Question 2
Which of the following knowledge management strategies should be used with strategically valuable information?
A) develop plans of action to experiment with and invest in this information
B) systematically collect and organize, making it widely available throughout the organization
C) create backup copies to be stored remotely and delete information from the system
D) automate collection and archiving to achieve cost-effectiveness
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