Which Strategy Can Be Profitable for an Organization When Customers

question 9

Multiple Choice

Which strategy can be profitable for an organization when customers are loyal and willing to pay high prices?

• A) Focus
• B) Globalization
• C) Overall cost leadership
• D) Differentiation
• E) Liquidation

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Definitions:

Diagnostic Criteria

A set of standardized guidelines used to identify and classify diseases or disorders.

Family History

The health and medical histories of relatives, which can indicate an individual's risk for certain genetic or hereditary conditions.

Frequency

In psychology, often refers to the rate at which a behavior occurs within a certain period of time, important in the study of behavior patterns.

Prognosis

The anticipated progression or outcome of a patient's condition based on current knowledge and trends.