A Cleveland, Ohio, men's clothing manufacturer has a low industry market share, but it has a high market share with its target market, which is men shorter than 5'8" tall. Which of Michael Porter's competitive strategy is this manufacturer using?

A. Niche
B. Differentiation
C. Defender
D. Analyzer
E. Prospector

Ans: A. Niche

Business

Transaction exposure could arise when borrowing or lending funds when repayment is to be made in the firm's domestic currency

Indicate whether the statement is true or false.

View

Business

Socializing with coworkers is expected and acceptable

Indicate whether the statement is true or false

View

Business