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Amazon AWS-Solutions-Associate-KR

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AWS Certified Solutions Architect - Associate (SAA-C02) (AWS-Solutions-Associate Korean Version)

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Exam Code
AWS-Solutions-Associate-KR
Exam Name
AWS Certified Solutions Architect - Associate (SAA-C02) (AWS-Solutions-Associate Korean Version)
No. of Questions
173
Update Period
90 Days


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NEW QUESTION: 1
Economic theory identifies two basic types of goods: inferior goods and superior goods. As consumer
income rises, a lower percentage of earnings are expended on inferior goods while a higher percentage of
earnings are spent on superior goods. Overall strategies for achieving organizational missions would
most likely match with types of goods as follows:
A. Cost leadership strategies would most likely be used for both inferior and superior goods.
B. Differentiation strategies would most likely be used for both inferior and superior goods.
C. Cost leadership strategies for inferior goods, differentiation strategies for superior goods.
D. Cost leadership strategies for superior goods, differentiation strategies for inferior goods.
Answer: C
Explanation:
Rule: Overall strategies are divided into two different types that are defined as follows:
Cost leadership: Organization seeks to capture market share through maintaining the lowest cost.
Differentiation: Organization seeks to capture market share by demonstrating product value.
Choice "b" is correct. Organizations that sell economically inferior goods (necessities such as cotton
swabs, light bulbs, etc.) are more likely to posture themselves as cost leaders than organizations that sell
economically superior goods (luxuries such as cruise packages, fine china, jewelry, etc.) who will likely
seek to differentiate the value of their product as part of their strategy.
Choice "a" is incorrect. Economically inferior products would likely be associated with cost leadership, not
differentiation while economically superior products would likely be associated with differentiation.
Choice "c" is incorrect. Economically inferior products would likely be associated with cost leadership, not
differentiation while economically superior products would likely be associated with differentiation.
Choice "d" is incorrect. Economically inferior products would likely be associated with cost leadership, not
differentiation while economically superior products would likely be associated with differentiation.

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