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Review the Inquirer to determine Baldwin's current strategy. How will they seek a competitive advantage? From the following list, select the top five sources of competitive advantage that Baldwin would be most likely to pursue.

Select: 5

Offer attractive credit terms

Reduce labor costs through training and recruitment

Add additional products

Seek the lowest price in their target market while maintaining a competitive contribution margin

Seek high automation levels

Seek high plant utilization, even if it risks occasional small stockouts

Reduce cost of goods through TQM initiatives

Accept lower plant utilization and higher capacities to insure sufficient capacity is available to meet demand

Increase demand through TQM initiatives

Seek excellent product designs, high awareness, and high accessibility.

Operation Management, Management Studies

  • Category:- Operation Management
  • Reference No.:- M91699745

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