After Analyzing Their Company's Strengths and Weaknesses,top Managers at Loan

question 105

Multiple Choice

After analyzing their company's strengths and weaknesses,top managers at Loan Bright decided that they would serve individual loan officers who typically only wanted to purchase small sets of homebuyer data,rather than bigger institutional clients.To meet the needs of this segment,Loan Bright simplified its sales contract,restructured its advertising efforts to focus on Google ads,and created a separate customer-service department.Loan Bright's strategy is best described as a(n) ________ strategy.

• A) overall cost leadership
• B) focus
• C) differentiation
• D) logistics
• E) promotional

---

Definitions:

Operation Of Law

Legal changes that occur automatically by application of law, without requiring action by any party.

War Breaks

Sudden onset of warfare or hostilities between nations or groups.

Travel Ban

Government-imposed restrictions on travel to or from specific countries or regions, often implemented for reasons related to public health, safety, or national security.

Liability

A legal obligation to compensate for the harm or damage one's actions have caused.