Case-Based Critical Thinking Questions

question 87

Multiple Choice

Case-Based Critical Thinking Questions
Case 3-2
In PowerPoint 2013, Bella is learning how to merge shapes. She has merged one shape with the help of a co-worker, and is now ready to try it on her own.
To merge shapes, Bella knows that she must first select _____.

• A) 1 or more shapes
• B) 2 or more shapes
• C) 3 or more shapes
• D) 4 or more shapes

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Definitions:

Lower Cost

The strategy or condition of achieving a reduction in expenses, leading to a competitive pricing advantage or higher profit margins.

Cost Focus

A business strategy aiming to become the lowest-cost producer in an industry for a particular segment or niche.

Generic Business Strategy

A basic framework for a business approach focusing on cost leadership, differentiation, or focus/niche to achieve competitive advantage.

Cost Focus

A business strategy that aims to become the lowest-cost producer in an industry or market segment to gain a competitive advantage.