When an Organization Focuses on Making Itself More Competitive by Producing

question 86

Multiple Choice

When an organization focuses on making itself more competitive by producing products more cheaply than competitors can, it is following a ________ strategy.

• A) stability
• B) differentiation
• C) focus
• D) cost leadership
• E) divestiture

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Definitions:

Immigrants

People who have moved to a new country with the intention of settling there, often in search of better living conditions, employment, or safety.

Liberties

The absence of constrictive control by governing bodies on an individual’s lifestyle, behaviors, or political perspectives in a societal setting.

Anglicization

The process of adopting English culture, language, or norms, often in the context of colonized societies integrating with or being influenced by English settlers or governance.

Colonial Elites

Individuals or families of significant economic, social, and political influence during the colonial period, often landowners or officials.