True or False.
1. A company that strictly controls expenses is likely to use a low-cost leadership strategy.
2. Differentiation strategies can reduce the bargaining power of large customers.
3. When using a focus strategy, a company tries to create a product that will appeal to the broadest possible customer base.

Assume you plan to start a new enterprise; you know the probability of having losses for the first three years of operations is almost 90 percent, and you know you will report a substantial amount of income from other sources during those same three years. from a tax perspective, which of the following entity choices would not allow you to offset the entity losses against your income from other sources? c corporation s corporation llc general partnership