Question

Match the business strategies with their characteristics.

a. Niche
b. Imitation
c. High-speed strategy

x. Based on a belief that time is money
y. Concentrates on a specific regional market or buyer group
z. emulation of best practices of another company

Answer 1

The correct answer is : A-Y, B-Z, C-X

Step-by-step explanation:

Niche is a business strategy in which a specific buyer group or regional market is focused.

Imitation is the strategy of adopting the best practices of another company usually a firm which was first in the market. It is a low-cost strategy.

High-speed strategy concentrates on speed. It is based on the belief that time is money.