Which of the Following Business-Level Strategies Should a Company Follow

question 81

Multiple Choice

Which of the following business-level strategies should a company follow in order to charge a higher price for its products and enjoy greater customer loyalty?

• A)differentiation strategy
• B)stability strategy
• C)mass customization strategy
• D)retrenchment strategy

---

Definitions:

Financial Risk

The potential for financial loss in an investment or business operation.

Unexpected Price Changes

Variations in the price of securities that occur without prior warning, often due to unforeseen events.

Contract

A legally binding agreement between two or more parties that is enforceable by law.

Payoff Profile

A graphical representation that shows the potential profit or loss of an investment option at various prices at expiration.