The Four Generic Business Strategies Involve Combinations of Competitive Scope

question 54

Multiple Choice

The four generic business strategies involve combinations of competitive scope or the breadth of the target markets and

• A) organizational structure.
• B) degree of geographical distribution.
• C) investment in research and development.
• D) an emphasis on either costs or product differentiation.
• E) relative number of products in a product line.

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Definitions:

Semiannual Interest Date

The twice-yearly date on which interest payments are made to bondholders or lenders.

Discount

A reduction from the usual cost of something, often used as a sales strategy to encourage purchases.

Amortize

The process of spreading out a loan or intangible asset cost over a specific period of time for accounting and tax purposes.

Par Value

The nominal or face value of a bond, share of stock, or coupon as stated by the issuer; it is not indicative of the security's market value.