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

B

Business

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For the following situation, state whether it represents a strength or weakness in internal control and give the reason for your answer

The movie theater has the following policy. Tickets are sold by the cashier The ticket stubs are collected by the ticket taker. The ticket stubs are stored in a locked box, and the accounting personnel match the number of ticket stubs to the number of tickets sold. What will be an ideal response

Business

In a SWOT analysis, ________ include favorable trends in the external environment

A) strengths B) challenges C) weaknesses D) opportunities E) threats

Business