Match the Terms with the Most Suitable Description

question 59

Multiple Choice

Match the terms with the most suitable description.
-prediction

• A)statement of what should occur if the hypothesis is correct
• B)the chance that an event will occur
• C)testable explanation
• D)time-tested hypothesis
• E)​statements or methods that appear scientific but do not follow scientific principles

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Definitions:

Low-Cost Provider Strategy

A commercial approach focusing on maintaining operational efficiency to offer products or services at the lowest price possible without sacrificing quality.

Competitive Position

The standing or ranking of an organization in relation to its competitors, based on factors like market share, strength, product quality, or brand reputation.

Competitive Scope

Competitive scope involves the breadth, domain, or range of arenas in which a company chooses to compete, determining its market reach and focus.

Divestiture Strategy

A business strategy involving the sale, closure, or spinoff of a company division or segment to refine its core operations or generate capital.