Which of the Following Is Generic Strategy to Sustain Profitability

question 43

Multiple Choice

Which of the following is generic strategy to sustain profitability? 

• A) High pricing. 
• B) Product differentiation. 
• C) Cost cutting. 
• D) Mergers.

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Definitions:

Credit Management

The process of granting credit, setting the terms it's granted on, recovering this credit when it's due, and ensuring compliance with company credit policy.

Borrowing

The act of obtaining funds from another party with the promise of repayment at a later date, often with interest.

Shareholders

Individuals or entities that own shares in a corporation, giving them ownership interests.

Financial Management

The strategic planning, controlling, organizing, and monitoring financial resources to achieve an organization's goals and objectives.