Home Smart Inc

question 54

Multiple Choice

Home Smart Inc.is a chain of supermarkets that sells its products at higher prices than its competitors.Yet,the supermarket chain has a large customer base due to its wide product portfolio and superior customer service.Which of the following generic business strategies has Home Smart adopted in this scenario?

• A) cost-leadership
• B) differentiation
• C) market penetration
• D) product diversification

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Definitions:

Humanlike Language

Refers to forms of communication that possess characteristics or complexities similar to human language, including syntax, grammar, and the capacity for abstract expression.

Language-like Behavior

Actions or patterns of vocalization that resemble or mimic the structure and usage of formal language.

Neurogenesis

The formation of new neurons; occurs primarily during prenatal development but may also occur at lesser levels in some brain areas during adulthood.

Amygdala

A part of the brain's limbic system involved in emotion, survival instincts, and memory.