<span>An SFB is a small finance bank. A small finance bank differs from a commercial bank in the objectives and services they offer. Small finance banks can only accept deposits and lend to people who typically won't be served by bigger commercial banks. This can include people like small time farmers, unorganized workers, and really small businesses, etc. SFB allowed means that whatever real estate company or person you're working with accepts the use of this bank.</span>
Another name for the four strategies is the marketing mix
Answer:
Some costs have been incurred already, and therefore do not change across alternatives in some current or future decision.
Explanation:
Sunk costs are <u>costs that have already been incurred by a business and cannot be recovered</u>. For this reason, they are irrelevant to current and future business decisions.
For example, an organization purchases a piece of equipment for $10,000 and discovers that additional parts need to be purchased for $1,000. The $10,000 is a sunk cost because it cannot be recovered.
Answer:
D. Strategic focus
Explanation:
Strategic focus or focus strategy is is when a company concentrates its resources in a narrowly defined part of the market (market segment). It allows businesses compete on basis of low cost, differentiation and rapid response against much larger businesses which also in turn has larger resources.
It's usually employed where the company or the firm knows the segment of the market and has products to competitively satisfy it's needs focusing on that narrow aspect of the market to build a strong competitive advantage.
