________ Are the Two Basic Strategies for Creating Value and Attaining

question 2

Multiple Choice

________ are the two basic strategies for creating value and attaining a competitive advantage in an industry.

• A)Diversification and niche marketing
• B)Industry leadership and market dominance
• C)Customer satisfaction and product innovation
• D)Cost leadership and differentiation

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Definitions:

File Management

The practice of organizing, storing, and maintaining files and directories on a computer or storage system.

Workbook Management

The process of organizing, maintaining, and tracking Excel workbooks to enhance efficiency and productivity.

Long Text

A data type used in databases for storing large quantities of text, often allowing for text that is thousands of characters long.

Memo

A written message, especially in business, used to communicate information, decisions, or requests among employees and departments.