When a firm aims to underprice competitors and win market share, it is using a(n) strategy that requires relatively less marketing skills as compared to other strategies. A. focus B. overall cost leadership C. product differentiation D. price skimming

B. overall cost leadership

Explanation:

This term refers to the absolute lowest cost of manufacturing in an industrial sector. It is concerned with pricing, not with market leadership.

The correct answer is letter B

This kind of strategy consists of achieving leadership in total cost in an industry through a set of functional policies geared towards this goal.

Examples of decisions focused on achieving total cost leadership:

aggressive construction of facilities on an efficient scale;

vigorous pursuit of cost savings from experience;

strict control of costs and overheads;

minimizing cost in areas such as R&D, assistance, sales force, advertising.

A low-cost position produces above-average returns for the company in its industry, despite the presence of intense competitive forces.

answer: a

explanation:  

stocks and bonds are the two main classes of assets investors use in their portfolios. stocks offer an ownership stake in a company, while bonds are akin to loans made to a company (a corporate bond) or other organization (like the u.s. treasury). in general, stocks are considered riskier and more volatile than bonds.

savings accounts are just money in a bank- they are insured by the fdic for up to 250,000.   very little risk

the average mutual fund holds hundreds of different securities, which means mutual fund shareholders gain important diversification at a low price. which means if one stock or bond drops it will have very little affect on the mutual fund - again very little risk

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