A Company with a Differentiation Strategy Focuses on Making Its

question 94

Multiple Choice

A company with a differentiation strategy focuses on making its products or services ________.

• A)unique and special
• B)similar to its competitors
• C)familiar
• D)affordable

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Definitions:

Net Income

The remaining earnings of a corporation after deducting all costs, taxes, and expenses from its gross revenue.

Common Stock

A type of equity security that represents ownership in a corporation, entitling shareholders to vote on corporate matters and possibly receive dividends.

Accounts Receivable Turnover

A financial ratio that measures how efficiently a company collects revenue from its credit sales by dividing total net credit sales by the average accounts receivable.

Accounts Receivable

Funds that customers are required to pay to a company for products or services that have been provided but not yet compensated for.