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Arrow Corp

question 28

Multiple Choice

Arrow Corp.attempts to gain a competitive advantage by driving down its production costs per unit below those of its competitors.Arrow is pursuing a(n) ______________ strategy.


Definitions:

Firm

Another term for a business or company, often used in legal or formal contexts.

Social Media

Forms of communication through which users create and share information, ideas, messages, and other content via the Internet.

Legal

Pertains to matters, principles, or the system of rules that are recognized by a country or community as regulating the actions of its members and enforced by the imposition of penalties.

Ethical

Ethical pertains to moral principles that govern a person's behavior or the conducting of an activity.

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