What Is a Theme That Has Become a More Important

question 40

Multiple Choice

What is a theme that has become a more important strategic issue due to global warming, bioterrorism, and increased pollution?

• A) internal environment
• B) measuring performance
• C) external environment
• D) internal stakeholders
• E) monitoring employees

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Definitions:

Differentiated Marketing

A marketing strategy in which a company targets several market segments with a unique product or service offering for each.

Product Specialization

A strategy where a business focuses on the production and development of a particular product or range of products, often to achieve higher levels of efficiency and expertise.

Economies of Scale

Cost advantages obtained due to increased production levels, where the cost per unit of production decreases as the volume produced increases.

Economies of Scope

Cost advantages that a business obtains through the diversification of product lines, enabling more efficient use of resources.