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.
Cost-benefit principle would state that you would only take an action if the benefit outweighs the cost.
For example: It may cost me $5 to drive to work, but I make $50 for showing up, I would go because the benefit I get outweighs the cost and I am better off going than staying at home.
Answer:
B) Individual differences in perception
Explanation:
We all perceive things differently than other people, or in other words, we all see thing differently than other people. Depending on our mood and where we actually are, we perceive things differently. We also have the tendency to fill in blanks with some preconceived ideas, e.g. a person that suffered a prior accident will immediately imagine an action sequence resembling their own experience and will combine it with what they actually saw.
Yes, it is.
I think it is very fair to say that People who work enough hours should at least should not worry about basic needs such as foods, shelter, education, and health. The government could do this through various programs such as minimum wage of a different variant of welfare programs.
False. Gpd was not designed to assess welfare
