Which of the Following Strategies Is Being Followed by a Company

question 10

Multiple Choice

Which of the following strategies is being followed by a company that is based on creating a service that is considered to offer unique service elements for which customers may consider paying higher prices?

• A)​Focus Strategy
• B)​Differentiation Strategy
• C)​Cost Leadership Strategy
• D)​Exclusivity Strategy

---

Definitions:

M1

A category of the money supply that includes physical currency and coin, demand deposits, traveler's checks, and other checkable deposits.

Savings Deposits

accounts held at financial institutions that allow deposits and withdrawals and are subject to modest interest rates.

Commodity Money

Money that has intrinsic value and can be used for purposes other than as a medium of exchange, such as gold or silver.

Legal Tender

The government-mandated currency that must be accepted as payment for debts.