Answer:
It is differentiation strategy A)
Explanation:
Differentiation strategy : this focuses on providing a product or a service with distinctive attributes, in comparison with what other competitors are offering in order gain competitive advantage. The company adopting this strategy must continuously innovate and ensure the quality features of their products and services embraced by the customers are sustained and improved upon .
Concentration strategy : here, company is using differentiation strategy but focusing on a particular niche of the market.
Lateral diversification : this is when a company decides to grow or expand by acquiring another company in the same line of business.
Vertical Integration : this is when a company decides to grow by taking over the entire value chain of operation . For instance, if we decide to acquire the business of our supplier or decide to take over distribution channels from the middle-men.
Conglomerate diversification : this is when a company decides to invest in another line of business different from our existing nature of business.
Basic Answer
a carpenter sells furniture, whereas an automobile manufacturer sells cars.
Bussiness Answer
a carpenter sells style , whereas an automobile manufacturer sells mobility.
Answer:
The right approach will be "Economic".
Explanation:
- Both of the economic conditions that shape the market as well as customer behavior are the emphasis or objective including its economic climate.
- These variables could be used to forecast the path during which the economy will change the potential for customer demand and the much-needed market pattern or study.
Answer:
(64,000- 5,200 = 58,800).
Explanation:
Subtract your originial cost from the residual value. (64,000- 5,200 = 58,800).
