[SOLVED] Review the Inquirer to determine Chester’s current strategy

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

Select : 5

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•  Seek high automation levels

•  Reduce labor costs through training and recruitment

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

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

•  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

•  Offer attractive credit terms

•  Add additional products