Emily's Bakery's Customers Have Asked Her to Open a Second

question 37

Multiple Choice

Emily's Bakery's customers have asked her to open a second location in a neighboring town offering the same menu as the original location. If Emily decides to do this, she will be following a ________ strategy.

• A) focus
• B) differentiation
• C) concentration
• D) diversification

---

Definitions:

Syndicated Loans

Loans made by a group of banks or other institutions.

Group of Banks

A group of banks refers to a consortium or a syndicate formed by several banks to provide large loans or handle major financial transactions.

IPO

An Initial Public Offering (IPO) is the process through which a private company goes public by selling its shares to the public for the first time.

Allocation of Shares

The process of distributing shares of stock among investors.