Which Strategy Can Be Profitable for an Organization When Customers

question 9

Multiple Choice

Which strategy can be profitable for an organization when customers are loyal and willing to pay high prices?

• A) Focus
• B) Globalization
• C) Overall cost leadership
• D) Differentiation
• E) Liquidation

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Definitions:

Valve

A device that regulates, directs or controls the flow of a fluid by opening, closing, or partially obstructing various passageways.

Automatic Functions

Features or operations within a device, system, or vehicle that operate without manual intervention, often based on specific conditions or triggers.

Main Pressure

The primary pressure within a system, such as the oil pressure in an engine or the hydraulic fluid pressure in machinery, vital for proper operation.

Pressure Relief Valve

A safety device designed to open and release excess pressure from a system, preventing potential damage or failure.