LexyV4613 LexyV4613

05-08-2020
Business

contestada

______is a corporate-level strategy that emphasizes re-investing a company's profits in strengthening its competitive position in its current industry. A. Concentration on a single industry.B. Forward vertical integration.C. Diversification.D. Backward vertical integration.E. International expansion.

Respuesta :

andromache andromache

05-08-2020

Answer:

A. Concentration on a single industry

Explanation:

The concentration strategy refers to the strategy in which the company wants to compete successfully handling a single industry. The company focused on a single product or the single market in this type of strategy

Here in the given situation, the reinvesting a company profits to strengthen the competitive position in the current industry represents the concentration on a single industry

Hence, the correct option is A.

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