A Company Following the ____________ Strategy Approach Might Focus on Hiring

question 70

Multiple Choice

A company following the ____________ strategy approach might focus on hiring flexible and adaptable employees.

• A)differentiation
• B)cost leader
• C)niche
• D)customer-driven
• E)None of the above

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Definitions:

Net Income

The amount of money that remains after subtracting all expenses, taxes, and costs from total revenue.

Cash Dividends

Payments made by a corporation to its shareholder members. It is the share of profits distributed.

Bonds Payable

Long-term liabilities representing money a company must pay back to bondholders by a specified maturity date.

Operating Activities

The primary revenue-generating activities of an organization, as opposed to investing and financing activities.