Which one of the following strategies should be classified as a business-level strategy?

a. strategic alliances
b. diversification of goods and services
c. product differentiation
d. sticking to core competencies

Answer: c. product differentiation

Business

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The higher the rate of customer retention, the longer the average customer life expectancy and the greater the customer lifetime value

Indicate whether the statement is true or false

Business

________ is the requirement that a tribunal must have power over the parties before it may hear a dispute

A. Advisory jurisdiction B. Personal jurisdiction C. In personam jurisdiction D. In rem jurisdiction

Business