Futures contracts obligates a participant to buy or sell the commodity at the contracted price unless the contract is canceled or liquidated before the expiration date

__________ also act as the body in carrying out routine corporate business.

Fill in the blank(s) with the appropriate word(s).

When a business gets to know market segments intimately and pursues either cost leadership or differentiation within the target segment, it is employing a ________ strategy

A) defined B) focused C) value-added D) competitive advantage E) customer-focused