In an ideal selling situation, products that generate a maximum dollar profit with a
minimum amount of risk should be:
A. harvested or divested.
B. developed and marketed.
C. produced only for the local market.
D. shelved for future use.
Answer:
Which of the following is an organizational strategy based on competitive advantage?
A. Cost leadership strategy
B. Market differentiation strategy
C. Market diversification strategy
D. Product development strategy