Which Type of Business Involves Differentiated Products with Low Brand

question 79

Multiple Choice

Which type of business involves differentiated products with low brand loyalty,easily replicated technology and minimal scale economies?

• A) Fragmented businesses
• B) Specialization businesses
• C) Volume businesses
• D) Stalemate businesses

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Definitions:

Personal Liability

The legal responsibility of an individual to settle a debt or pay for damages out of their own assets.

Fraud

The intentional deception made for personal gain or to damage another individual.

Shareholder

An individual or institution that owns at least one share of a company's stock, making them partial owners of the company.

Shareholder's Derivative Suit

A lawsuit brought by a shareholder on behalf of a corporation against a third party, often an insider of the corporation, for harm done to the corporation.