What Kind of Strategy Is One by Which a Firm

question 21

Multiple Choice

What kind of strategy is one by which a firm maintains price parity with its competitors and profits from its benefit or cost advantage primarily through high price-cost margins,rather than through a higher market share?

• A)Pricing strategy
• B)Share strategy
• C)Margin strategy
• D)Focus strategy
• E)Generic strategy

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Definitions:

Photosynthesis

The process by which green plants and some other organisms use sunlight to synthesize nutrients from carbon dioxide and water, producing oxygen as a byproduct.

Stroma

Region within a chloroplast that surrounds the grana; contains enzymes involved in the synthesis of carbohydrates during the Calvin cycle of photosynthesis.

Chloroplast

Membrane-bound organelle in algae and plants with chlorophyll-containing membranous thylakoids; where photosynthesis takes place.

Thylakoids

Membrane-bound compartments inside chloroplasts of plant cells, where light-dependent reactions of photosynthesis occur.