A Simple Strategy: "To Be the Low-Cost Provider in Our

question 97

Multiple Choice

A simple strategy: "to be the low-cost provider in our niche market" is an example of a:

• A)low-cost strategy
• B)niche-market strategy
• C)focused business strategy
• D)generic business strategy

---

Definitions:

Common Stock

Common Stock represents ownership shares in a corporation, providing voting rights and entitling the shareholder to a share of the company's profits through dividends.

Stock Options

Financial instruments granting the holder the right to buy or sell stock at a specified price before a certain date.

Net Income

Net income is the total profit of a company after subtracting all expenses, taxes, and costs from its total revenue.