Which Strategy Calls for a Firm to Target Specific Types

question 116

Multiple Choice

Which strategy calls for a firm to target specific types of products for certain customer groups or regions?

• A) focus strategy
• B) single-business strategy
• C) related diversification strategy
• D) unrelated diversification strategy

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Definitions:

Net Realizable Value

The estimated selling price of goods, minus the costs of their sale or disposal.

Interest Revenue

Income received from investments, savings, or as a payment for lending money.

Promisor

A person or entity who makes a promise or commits to performing a specified action in a contract.

Face Amount

The nominal or dollar value stated on a financial instrument or security, such as a bond.