Which of the Following Is Not One of the Five

question 54

Multiple Choice

Which of the following is not one of the five generic types of competitive strategy?

• A) Focused low-cost provider strategy

• B) Broad differentiation strategy

• C) Overall low-cost provider strategy
• D) Focused differentiation strategy
• E) Market share dominator strategy

---

Definitions:

Current Liabilities

Financial obligations that a company is expected to pay within one year.

Accounts Payable

Money owed by a business to its suppliers shown as a liability on the company’s balance sheet.

Salaries and Wages Payable

Salaries and Wages Payable are liabilities on the balance sheet representing amounts owed to employees for work performed but not yet paid.

Mortgage Payable

A long-term liability account that records the amount owed on a property mortgage.