A ________ Strategy Determines What Businesses a Company Is in or Wants

question 9

Multiple Choice

A ________ strategy determines what businesses a company is in or wants to be in,and what it wants to do with those businesses.

• A)competitive
• B)functional
• C)focus
• D)corporate

Understand the economic concept of "no free lunch" and opportunity cost.

Distinguish between goods and services in the economy.

Learn the structure and function of the circular-flow model in economics.

Identify different types of economic resources and capital.