Which Type of Business Involves Differentiated Products with Low Brand

question 79

Multiple Choice

Which type of business involves differentiated products with low brand loyalty,easily replicated technology and minimal scale economies?

• A) Fragmented businesses
• B) Specialization businesses
• C) Volume businesses
• D) Stalemate businesses

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Definitions:

Contingent Liability

A potential financial obligation that may arise in the future, depending on the occurrence or non-occurrence of one or more uncertain events.

Probable

A term often used in accounting and finance to describe an event or action that is likely to occur based on current evidence.

Not Estimable

describes a condition where the value or quantity of something cannot be accurately predicted or determined.

Installment Note

A debt instrument that requires regular payments, or installments, of principal and interest over a specific period.