An Organization Attempts to Succeed by Distinguishing Its Products from Those

question 40

Multiple Choice

An organization attempts to succeed by distinguishing its products from those of the competition.What type of strategy is this?

• A)Differentiation strategy
• B)Low-cost strategy
• C)Related diversification strategy
• D)Unrelated diversification strategy
• E)Concentration on a single business strategy

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Definitions:

Publicly Traded

A company is described as publicly traded when its shares are bought and sold on public stock exchanges.

Statement of Cashflow

A financial statement that provides aggregate data regarding all cash inflows a company receives from its ongoing operations and external investment sources, as well as all cash outflows that pay for business activities and investments during a given period.

Preferred Shares

A type of stock that provides a fixed dividend and has priority over common stock in the event of a company's liquidation.