A ________ Strategy Focuses on a Single Business Competing in a Single

question 125

Multiple Choice

A ________ strategy focuses on a single business competing in a single industry.

• A)concentration
• B)vertical integration
• C)concentric diversification
• D)conglomerate diversification
• E)focal integration

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Definitions:

Activity Ratio

A financial metric used to measure a company's ability to convert different accounts within its balance sheets into cash or sales.

Financial Ratio

A quantitative measure derived from a company's financial statements used to gauge its performance, financial health, and conditions.

Progress Control

A management technique that involves the monitoring and evaluating of the progress of a project or plan to ensure it meets its objectives within the designated time frame.

SWOT Analysis

A strategic planning technique used to identify a company's internal Strengths and Weaknesses, as well as its external Opportunities and Threats.