Which of the following options provides an example related to the topic of business strategies?
A) By using product differentiation, the company increased sales by 15 percent over the same quarter the previous year.
B) I had a difficult time convincing the CEO to adopt a price-skimming strategy.
C) When a company introduces a new smartphone model at a high initial price, then lowers the price on that model over time, they are using a price-skimming strategy.
D) Sixty-percent of small businesses rely on a product-differentiation strategy.
E) A business strategy is a tactical statement about how a company will reach its goals.

Question

Quizplus · Accepted Answer

Even if your listeners understand in principle what you are discussing, they may find a specific example helpful. The option that talks about how smartphone manufacturers use a price-skimming strategy accomplishes this.

Which of the Following Options Provides an Example Related to the Topic