Some Universities Offer Online Degree Programs, Competing with Traditional Colleges

question 101

Multiple Choice

Some universities offer online degree programs, competing with traditional colleges based on the convenience of taking online courses. These online programs are pursuing which macro strategy?

• A) Customer excellence
• B) Locational excellence
• C) Operational excellence
• D) Product excellence
• E) Purchase excellence

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Definitions:

Domestic Demand

The total demand for goods and services within a country's borders.

World Price

The global market price of a good or service, influenced by worldwide supply and demand.

Domestic Price

The price of goods or services within a country's borders, as opposed to international or export prices.