Which of the Following Statements Is True About the Use

question 101

Multiple Choice

Which of the following statements is true about the use of functional structures with various business strategies?

• A) The goal of a differentiation strategy is to create competitive parity.
• B) The goal of a cost-leadership strategy is to create competitive parity.
• C) The goal of a differentiation strategy is to create a competitive advantage by controlling costs.
• D) A cost-leadership strategy can be effectively implemented with the help of an organic structure.

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Definitions:

Zoar

was a communal society established in 1817 by German separatists in Ohio, known for its unique religious beliefs and communal living practices.

New Harmony

A utopian community founded by Robert Owen in 1825 in Indiana, USA, intended as an experiment in communal living and social reform.

Modern Times

A period extending from the late 19th century to the present, characterized by rapid advancements in technology, science, and social organization.

Reform Movements

Organized efforts aimed at changing certain societal norms, laws, or practices for improvement.