Which of the Following Is Not Considered a Corporate-Level Strategy

question 40

Multiple Choice

Which of the following is not considered a corporate-level strategy?

• A) Differentiation
• B) Concentration
• C) Related diversification
• D) Unrelated diversification

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Definitions:

Letter of Credit

A financial document issued by a bank guaranteeing a buyer's payment to a seller in a transaction, effective in international trade.

Covenants

A promise by the firm, included in the debt contract, to perform certain acts. A restrictive covenant imposes constraints on the firm to protect the interests of the debtholder.

Payables

Short-term liabilities or money owed by a company to suppliers or creditors for goods and services received.

Rebate

A partial refund to someone who has paid too much money for tax, rent, or a utility, or an incentive payment to induce a particular purchase or behavior.