Businesses Using a ________ Strategy Try to Be Efficient and Offer

question 92

Multiple Choice

Businesses using a ________ strategy try to be efficient and offer a standard, no-frills product.

• A) high return
• B) low-cost
• C) high-cost
• D) low return
• E) high profit

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Definitions:

Organizational Instruction

Guidelines or directives issued by an organization to guide actions and decisions of its members or employees.

Socialization

Socialization is the process by which individuals learn and adopt the norms, values, behaviors, and social skills appropriate to their society or culture.

History

the study of past events, particularly in human affairs.

Discriminatory Behavior

Actions that treat individuals unfairly or prejudicially based on certain characteristics, such as race, age, or gender.