An Organization Attempts to Succeed by Distinguishing Its Products from Those

question 46

Multiple Choice

An organization attempts to succeed by distinguishing its products from those of the competition; this is a(n) ________ strategy.

• A)differentiation
• B)low-cost
• C)related diversification
• D)unrelated diversification

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Definitions:

Kurds

An ethnic group native to a mountainous region straddling southeastern Turkey, northern Syria, northern Iraq, and western Iran, with their own unique culture and language.

Iranian Nuclear Deal

An agreement reached in 2015 between Iran and major world powers aimed at limiting Iran's nuclear program in exchange for lifting economic sanctions.

Foreign Policy Actions

Measures taken by a nation in its dealings with other countries, encompassing a wide range of activities including diplomacy, sanctions, and military engagement.

Economic Aid

Financial assistance provided by countries or international organizations to support the economic development and welfare of other nations.