Which of the Following Is an Advantage of a Company

question 79

Multiple Choice

Which of the following is an advantage of a company following a focused strategy?

• A) Companies following the focused differentiation strategy can charge very high prices.
• B) Damaging attacks never comes from larger firms
• C) Companies following the focused differentiation strategy never have their growth stymied irrespective of the fact that they serve a niche market.
• D) The companies are protected from the damaging attacks of smaller firms that adopt an even narrower focus.
• E) The niche that is an area of operation of one company cannot be made to disappear or be taken over by larger competitors.

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Definitions:

Invoice

A document itemizing and recording a transaction between a seller and a buyer.

Payment

Payment refers to the transfer of money or goods from one party to another in exchange for goods, services, or to fulfill a legal obligation.

Outstanding Balance

The amount of money that is still owed or due on a financial account or loan.

Invoice

A document issued by a seller to a buyer that lists goods or services provided along with their costs, signifying an obligation to pay.