Which of the Following Generic Business-Level Strategies Is Based on the Intent

question 59

Multiple Choice

Which of the following generic business-level strategies is based on the intent to lower costs so that a company can lower prices and still make a profit?

• A) Broad low-cost strategy
• B) Price differentiation strategy
• C) Broad differentiation strategy
• D) Focused differentiation strategy
• E) Focused low-cost strategy

---

Definitions:

Reasonable Person

A hypothetical individual in the legal system who exercises average care, skill, and judgment in conduct and is used as a standard to assess behavior.

Duress By Physical Force

The use of physical force or threats to compel someone to act against their will or to consent to an agreement.

Duress By Improper Threat

A situation where an individual is forced or coerced into a contract or legal agreement under threats that are unlawful or unethical.

Void Contract

is an agreement without legal effect or binding force from its inception due to failure to meet essential legal requirements.