Which of the Following Is an Organizational Strategy Based on Competitive

question 63

Multiple Choice

Which of the following is an organizational strategy based on competitive advantage?

• A)Cost leadership strategy
• B)Market differentiation strategy
• C)Market diversification strategy
• D)Product development strategy

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Definitions:

Southern Slaves

Enslaved people in the southern United States, particularly in agricultural settings, pivotal to the agricultural economy before the abolition of slavery.

Plantation System

An agricultural system based on large-scale estates operated primarily for the cultivation of cash crops using forced labor, particularly notable in the American South before the Civil War.

Slavery

A system in which individuals are owned by others, denied freedom and forced to work without pay.

South American Countries

South American countries are the nations located on the continent of South America, including Brazil, Argentina, Colombia, and others, each with its distinct culture, history, and government.