Which of the Following Strategies Best Illustrates a Generic Business

question 64

Multiple Choice

Which of the following strategies best illustrates a generic business strategy?

• A) A cost-cutting strategy that corporate executives in the headquarters want all business units of a large conglomerate to implement
• B) A strategy to use monetary incentives to motivate employees working on a project
• C) A decision to computerize a firm's database in order to improve customer service
• D) A decision to niche market the jewelry sold by a company while the apparel division under the same company sells its products through mass marketing

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Definitions:

Inverted U-Curve

A graphical representation showing a relationship where performance or effectiveness increases with stress or arousal up to an optimal point, beyond which further increases in stress lead to a decline in performance.

Medium Level

This term could refer to an intermediate degree of difficulty, intensity, or complexity in various contexts like puzzles, games, or skill sets.

Arousal

A physiological and psychological state of being awake or reactive to stimuli, often associated with motivation, excitement, or tension.

Low Ball Tactic

A persuasion and selling technique where an initially attractive offer is made to get a commitment, which is then made less attractive before the deal is closed.