The ____ Strategy Involves Strong Central Authority,cutting Costs,and Maintaining Standard

question 42

Multiple Choice

The ____ strategy involves strong central authority,cutting costs,and maintaining standard operating procedures to be more efficient than competitors.

• A) cost leadership
• B) differentiation
• C) focus
• D) internal growth
• E) liquidation

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Definitions:

Correlations

A measure indicating the relationship between two variables, showing whether and how strongly they are related.

Causality

The principle or relationship between cause and effect where one event (the cause) leads to the outcome of another event (the effect).

Psychoanalysis

A therapeutic approach and theory of psychology developed by Sigmund Freud that aims to treat mental disorders by investigating the interaction of conscious and unconscious elements in the mind.

Sigmund Freud

An Austrian neurologist and the founder of psychoanalysis, a clinical method for treating psychopathology through dialogue between a patient and a psychoanalyst.