Refer to Additional Case 1.3. The company's differentiation strategy is a type of:

Additional Case 1.3
Your company sells high-tech products throughout the world and is following a differentiation business strategy. The business environment for the company is volatile, rapidly changing, and highly complex. The company is highly entrepreneurial and has a strong moral commitment to quality products, employee job satisfaction, and corporate social responsibility. The management team has decided to create a common company culture among the various national and international subsidiaries.

A) corporate strategy.
B) defender strategy.
C) emergent strategy.
D) business unit strategy.

Answer: D

Business

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Standard Deviation: View Point Industries has forecast a rate of return of 20.00% if the economy booms (25.00% probability); a rate of return of 15.00% if the economy in in a growth phase (45.00% probability); a rate of return of 2.50% if the economy in in decline (20.00% probability); and a rate of return of -15.00% if the economy in a depression (10.00% probability). What is View Point's standard deviation of returns?

A) 17.31% B) 9.25% C) 15.00% D) 10.46%

Business

A type of insurer that is owned by its policyowners is called

A) domestic B) mutual C) stock D) in-house

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