Match the Options Below with the Correct Phrases

question 4

Multiple Choice

Match the options below with the correct phrases:
-cost-leadership strategy

• A)a business-level strategy to keep tight controls over expenses
• B)a strategy to acquire similar products or services
• C)a strategy to accept the status quo
• D)a business unit with low market share and low market growth rate
• E)the processes associated with putting the strategic plan into motion
• F)a strategy element that identifies the current position and its relationship to competitors
• G)a strategy to explore "uncharted waters"
• H)a planning tool grouping businesses based on market growth rate and market share
• I)a strategy to reduce the size or scope of activities
• J)major organizational departments such as marketing and human resources are critical to this strategy

---

Definitions:

Positive Externalities

Benefits that an individual or firm's actions impose on others without compensation, leading to socially beneficial outcomes.

Unsafe Intersection

A road junction that presents a higher risk of accidents due to poor design, insufficient visibility, inadequate signage, or other factors.

Traffic Light

A signaling device positioned at road intersections, pedestrian crossings, and other locations to control flows of traffic.

Stop Signs

Signposts that instruct drivers to come to a complete halt, observe the right-of-way, and proceed with caution at intersections.