A holding company is a corporation that holds shares in other corporations for investment purposes. The bill prohibits joint marketing of the products of the banking organization and the firms in which the bank holding company invests.
Answer Selected Answer: A market leader strategy is the best strategy to adopt. Correct Answer: A market leader strategy is the best strategy to adopt. Question 23 5 out of 5 points The defender strategy is also referred to as Answer Selected Answer: Cost leader. Correct Answer: Cost leader. Question 24 5 out of 5 points. Most companies use the _____ strategy when addressing their training and development needs.
A firm positions itself by leveraging its strengths. Michael Porter has argued that a firm's strengths ultimately fall into one of two headings: cost advantage and differentiation. By applying these strengths in either a broad or narrow scope, three generic strategies result: cost leadership, differentiation, and focus. These strategies are applied at the business unit level. They are called generic strategies because they are not firm or industry dependent. The following table illustrates Porter's generic strategies: