Delux Technology Has a Reputation of Reliability and Winning Customer

question 115

Multiple Choice

Delux Technology has a reputation of reliability and winning customer service,building this highly respected name brand over the last 15 years.As a speaker at a business conference,Steve,the CEO of Delux,told his audience that "We have built our reputation by changing little over the last several years,but consistently helping customers with great,caring service and a reliable product." Delux Technology utilizes a ____.

• A)defensive strategy
• B)merger approach
• C)retrenchment strategy
• D)growth strategy
• E)stability strategy

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Definitions:

Computer Software

Computer software is a collection of data or computer instructions that tell the computer how to work, covering everything from operating systems to application programs.

Oil Company

An enterprise engaged in the exploration, extraction, refining, and selling of oil and petroleum products.

Seasoned Offerings

The issuance of additional shares by a company whose shares are already publicly traded.

Leveraged Buyouts

Acquisition of a company using a significant amount of borrowed money (debt) to meet the cost of acquisition.