Which of the following is not one of the four basic strategies a company can employ to deal with competitive forces?A) Strengthen customer and supplier intimacyB) Focus on market nicheC) Differentiate productsD) Compete on employee loyalty

Compete on employee loyalty is not one of the four basic strategies a company can employ to deal with competitive forces

Explanation:

There are different strategies that can be followed by a company while it is dealing with the competitive forces. These includes strengthening the intimacy of the customer and the suppliers. It can have a concentrated focus on the market niche or segment that is targeted.

It can opt for the differentiation in the products produced by it and attracting customers with that product difference. It can also follow a low cost leadership to gain customers. Thus the strategy that is not included by a company in dealing with competitive forces will be Competing on employee loyalty.

Secured loans are protected by collateral security. examples: title loans where the borrower uses the car title as collateral security interest rates are lower and repayments are longer therefore risk is low as a collateral security is given as guarantee to the bank in case of failure to pay the loanunsecured loans are not protected by collateral security but it is given on the creditworthiness of the borrower, trusting that she/he will pay on time. examples; payday loans is a short term loan where the borrower lends money from the bank and pays is back when the borrower receives his/her wages.interest rates are high and repayments are shorter. but the risk is high as no collateral security is given as a guarantee to the bank for payment of the loan